Equity One Announces Offering of 8.0M Shares

Equity One, Inc. EQY announced today that it will issue and sell 8.0 million shares of its common stock in a public offering. Barclays Capital Inc. is acting as sole book running manager for the offering. The Company intends to use the net proceeds for the repayment of indebtedness, including outstanding mortgage debt on a property to be acquired as part of the Company's previously disclosed acquisition of C&C No. 1, Inc. through a joint venture with Liberty International Holdings Limited, and/or for general corporate purposes, including acquisitions.