Equity One Announces Offering of 4.2 Million
Shares of Common Stock
March 09, 2010 04:22 PM Eastern Time
NORTH MIAMI BEACH, Fla.--(EON: Enhanced Online News)--Equity One, Inc. (NYSE:EQY), an owner,
developer, and operator of shopping centers, announced today that it will issue and sell 4.2 million shares of its
common stock in a public offering. Citi is acting as sole book running manager for the offering. The Company intends
to use the net proceeds for the repayment of outstanding mortgage debt and general corporate purposes. The
Company will grant the underwriter a 30-day option to purchase up to an additional 630,000 shares to cover over-
allotments, if any.
In addition, MGN America, LLC and Gazit America Inc., two entities affiliated with Equity One’s largest
stockholder, Gazit-Globe, Ltd., have agreed to purchase directly from the Company an aggregate of 600,000
additional shares of common stock in a private placement to be consummated simultaneously with and subject to the
closing of the public offering.
All shares of common stock will be offered under the Company’s existing shelf registration statements filed with the
Securities and Exchange Commission. This communication shall not constitute an offer to sell nor shall there be any
sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful
prior to the registration or qualification under the securities laws of any such state or other jurisdiction. A copy of the
prospectus relating to these securities may be obtained, when available, from Citi, Attention: Prospectus Department,
Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220 or by calling toll-free at 1-877-858-
ABOUT EQUITY ONE, INC.
As of December 31, 2009, Equity One owned or had interests in 182 properties, consisting of 168 shopping centers
comprising approximately 19.0 million square feet, three projects in development/redevelopment, six non-retail
properties, and five parcels of la