Equity One Announces Pricing of 5M Share Offering at $19.42 per Share

Equity One, Inc. EQY announced today the pricing of its underwritten public offering of 5.0 million shares of its common stock on May 18, 2011, at a price to the public of 19.42 per share. The Company also granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock. The offering was made pursuant to the Company's effective shelf registration statement and settlement is expected to occur on or about May 24, 2011. The Company intends to use the net proceeds to reduce the outstanding balance under its unsecured revolving credit facility.