Equity One Announces Pricing of Common Stock
Offering
March 10, 2010 09:35 AM 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 the pricing of its underwritten offering of 4.2 million
shares of its common stock on March 9, 2010, resulting in approximately $76.1 million of net proceeds to the
Company after deducting expenses. The offering was made pursuant to the Company’s shelf registration statement
and settlement is expected to occur on or about March 15, 2010.
In addition and concurrently with the closing of the public offering, MGN America, LLC, and Gazit America Inc.,
two entities affiliated with Equity One’s largest stockholder, Gazit-Globe, Ltd., will purchase directly from the
Company an aggregate of 600,000 additional shares of common stock resulting in net proceeds to the Company of
approximately $11.0 million.
The Company intends to use the net proceeds for the repayment of outstanding mortgage debt and general
corporate purposes. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall
there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any state. The offering may be made only by means of a
prospectus and related prospectus supplement. A final prospectus supplement and accompanying base prospectus
related to the offering will be filed with the Securities and Exchange Commission. Copies of the preliminary
prospectus and accompanying base prospectus, and final prospectus supplement, when available, may be obtained
from Citi, Attention: Prospectus Department, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY
11220 or by calling toll-free at 1-877-858-5407.
ABOUT EQUITY ONE, INC.
As of December 31, 2009, Equity One owned or had interests in 182 properties, consisting of