SC 13D 1 rcc-13d.txt ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. __) --------------------------- REGENCY CENTERS CORPORATION (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE 758849 10 3 (Title of class of securities) (CUSIP number) NANCY E. BARTON, ESQ. GENERAL ELECTRIC CAPITAL CORPORATION 260 LONG RIDGE ROAD STAMFORD, CONNECTICUT 06927 (203) 357-4000 (Name, address and telephone number of person authorized to receive notices and communications) WITH A COPY TO: RAYMOND O. GIETZ, ESQ. WEIL, GOTSHAL & MANGES LLP 767 FIFTH AVENUE NEW YORK, NEW YORK 10153 DECEMBER 14, 2001 (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act. (However, see the Notes.) (Continued on following pages) (Page 1 of 28 pages) ================================================================================
--------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 2 of 26 Pages --------------------------------- ---------------------------------------------- ---------------------------------- ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAME OF REPORTING PERSON: EB ACQUISITION CORP. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: NOT APPLICABLE ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: MARYLAND --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 34,273,236 SHARES OF COMMON STOCK (SEE ITEMS 2 AND 5) OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 34,273,236 SHARES OF COMMON STOCK (SEE ITEMS 2 AND 5) ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 34,273,236 SHARES OF COMMON STOCK (SEE ITEMS 2 AND 5) ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.5% (SEE ITEMS 2 AND 5) ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO ---------------------- --------------------------------------------------------- -------------------------------------------------- 2 --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 3 of 26 Pages --------------------------------- ---------------------------------------------- ---------------------------------- ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAME OF REPORTING PERSON: GE CAPITAL INTERNATIONAL HOLDINGS CORPORATION S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: NOT APPLICABLE ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 34,273,236 SHARES OF COMMON STOCK (SEE ITEMS 2 AND 5) OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 34,273,236 SHARES OF COMMON STOCK (SEE ITEMS 2 AND 5) ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 34,273,236 SHARES OF COMMON STOCK (SEE ITEMS 2 AND 5) ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.5% (SEE ITEMS 2 AND 5) ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO ---------------------- --------------------------------------------------------- -------------------------------------------------- 3 --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 4 of 26 Pages --------------------------------- ---------------------------------------------- ---------------------------------- ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAMES OF REPORTING PERSONS: GENERAL ELECTRIC CAPITAL CORPORATION I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: NOT APPLICABLE ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 34,273,236 SHARES OF COMMON STOCK (SEE ITEMS 2 AND 5) OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 34,273,236 SHARES OF COMMON STOCK (SEE ITEMS 2 AND 5) ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 34,273,236 SHARES OF COMMON STOCK (SEE ITEMS 2 AND 5) ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.5% (SEE ITEMS 2 AND 5) ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO ---------------------- --------------------------------------------------------- -------------------------------------------------- 4 --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 5 of 26 Pages --------------------------------- ---------------------------------------------- ---------------------------------- ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAMES OF REPORTING PERSONS: GENERAL ELECTRIC CAPITAL SERVICES, INC. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: NOT APPLICABLE ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: DISCLAIMED (SEE 11 BELOW) OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: DISCLAIMED (SEE 11 BELOW) ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: BENEFICIAL OWNERSHIP OF ALL SHARES DISCLAIMED BY GENERAL ELECTRIC CAPITAL SERVICES, INC. ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): NOT APPLICABLE (SEE 11 ABOVE) ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO ---------------------- --------------------------------------------------------- -------------------------------------------------- 5 --------------------------------- ---------------------------------------------- ---------------------------------- CUSIP number 758849 10 3 13D Page 6 of 26 Pages --------------------------------- ---------------------------------------------- ---------------------------------- ---------------------- --------------------------------------------------------- -------------------------------------------------- 1 NAMES OF REPORTING PERSONS: GENERAL ELECTRIC COMPANY I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: ---------------------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [ ] (B) [ ] ---------------------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY ---------------------- ----------------------------------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS: NOT APPLICABLE ---------------------- ----------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] ---------------------- --------------------------------------------------------- -------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: NEW YORK --------------------------------- -------- ----------------------------------------------------- ---------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES -------- ----------------------------------------------------- ---------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: DISCLAIMED (SEE 11 BELOW) OWNED BY -------- ----------------------------------------------------- ---------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING -------- ----------------------------------------------------- ---------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: DISCLAIMED (SEE 11 BELOW) ---------------------- ------------------------------------------------------------------------- ---------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: BENEFICIAL OWNERSHIP OF ALL SHARES DISCLAIMED BY GENERAL ELECTRIC COMPANY ---------------------- ----------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] ---------------------- ----------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): NOT APPLICABLE (SEE 11 ABOVE) ---------------------- --------------------------------------------------------- -------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO ---------------------- --------------------------------------------------------- --------------------------------------------------
6 ITEM 1. SECURITY AND ISSUER. This statement relates to the shares of Common Stock, par value $0.01 per share (the "Common Stock"), of Regency Centers Corporation, a Florida corporation (the "Company"). The principal executive offices of the Company are located at 121 West Forsyth Street, Suite 200, Jacksonville, Florida 32202. ITEM 2. IDENTITY AND BACKGROUND. This statement is filed by General Electric Capital Corporation, a Delaware corporation ("GE Capital"), for and on behalf of itself, EB Acquisition Corp., a Maryland corporation ("EB"), GE Capital International Holdings Corporation, a Delaware corporation ("GE Holdings"), General Electric Capital Services, Inc., a Delaware corporation ("GECS"), and General Electric Company, a New York corporation ("GE" and, collectively with GE Capital, EB, GE Holdings and GECS, the "Reporting Persons"). GECS is a wholly owned subsidiary of GE, GE Capital is a wholly owned subsidiary of GECS, GE Holdings is a wholly owned subsidiary of GE Capital and EB is a wholly owned subsidiary of GE Holdings. As described below under Item 4, GE Capital and EB have entered into a Merger Agreement (as defined below) with Security Capital Group Incorporated ("Security Capital"). The shares of Common Stock covered by this statement on Schedule 13D are beneficially owned by Security Capital. This statement is being filed solely by reason of the existence of certain covenants for the benefit of GE Capital and EB set forth in the Merger Agreement relating to the voting and disposition of the Common Stock by Security Capital as described below in Item 4. The filing of this statement shall not be construed as an admission that any of the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or Rule 13d-3 promulgated thereunder, the beneficial owner of any of the shares of Common Stock covered by this statement. GE Capital, together with its affiliates, operates primarily in the financing industry and, to a lesser degree, in the life insurance and property/casualty insurance industries and maintains its principal executive offices at 260 Long Ridge Road, Stamford, Connecticut 06927. EB was incorporated on December 14, 2001, for the sole purpose of merging with and into Security Capital pursuant to the Merger Agreement. GE Holdings is a Delaware corporation with its principal executive offices located at 1600 Summer Street, Stamford, Connecticut 06905. GE Holdings is a holding company which owns all the common stock of EB and other subsidiaries. GECS is a Delaware corporation with its principal executive offices located at 260 Long Ridge Road, Stamford, Connecticut 06927. GECS is a holding company which owns all the common stock of GE Capital and other subsidiaries. 7 GE is a New York corporation with its principal executive office located at 3135 Easton Turnpike, Fairfield, Connecticut 06431. GE engages in providing a wide variety of industrial, commercial and consumer products and services. (a), (b) and (c) For information with respect to the identity and background of each executive officer and director of each Reporting Person, see Schedules I, II, III, IV and V attached hereto, respectively. (d) and (e) During the last five years none of the Reporting Persons, nor, to the best of their knowledge, any person identified in Schedules I through V has been (i) convicted of any criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Not applicable. ITEM 4. PURPOSE OF TRANSACTION. On December 14, 2001, Security Capital, GE Capital and EB entered into an Agreement and Plan of Merger, dated as of December 14, 2001 (the "Merger Agreement"), a copy of which is attached hereto as Exhibit 1 and is hereby incorporated by reference. Pursuant to the Merger Agreement and subject to the terms and conditions contained therein, EB will merge with and into Security Capital (the "Merger"), with Security Capital as the surviving company. As a result of the Merger, Security Capital will become an indirect wholly owned subsidiary of GE Capital. In the Merger, shares of Security Capital's Class B Common Stock, par value $.01 per share (the "Class B shares"), will be converted into the right to receive consideration consisting of $26 in cash per share, subject to the substitution therefor as described below and in the Merger Agreement of a combination of cash and common shares of beneficial interest of ProLogis Trust ("ProLogis Common Stock") with an agreed aggregate value of $26 per Class B Share (the "Class B Consideration"), and shares of Security Capital's Class A Common Stock, par value $0.01 per share (the "Class A Shares"), will be converted into the right to receive 50 times the Class B Consideration (the "Class A Consideration"). GE Capital may elect (but no later than the 15th day before Security Capital's stockholder meeting to vote on the Merger and the Merger Agreement (the "Group Stockholder Meeting")) to include the ProLogis Common Stock owned by Security Capital as part of the Class A Consideration and the Class B Consideration. If GE Capital so elects, the holders of Class B Shares would receive $26 in cash per Class B Share less the value of the ProLogis Common Stock received by them (with the ProLogis Common Stock valued for such purposes based upon the 10-day trailing average price of the ProLogis Common Stock 2 days prior to the Group Stockholder Meeting), and the holders of the 8 Class A Shares would receive 50 times such amount. GE Capital may also revoke its election to include the shares of ProLogis Common Stock as part of the Class A Consideration and Class B Consideration, provided however that no such revocation may be made if such revocation would make it reasonably necessary, based upon the advice of Security Capital's independent counsel, to delay the Group Stockholder Meeting. In Section 5.1 of the Merger Agreement, Security Capital has agreed, among other things, to conduct its operations in the ordinary and usual course of business consistent with past practice and not to take certain actions, including, among other actions, not to sell, lease or dispose of any assets (including the shares of Common Stock beneficially owned by Security Capital) outside the ordinary and usual course of business consistent with past practice (the "Ordinary Course Covenants"). Security Capital also has agreed to use commercially reasonable efforts to cause its public investees, including the Company, to comply with the Ordinary Course Covenants. The Merger Agreement provides that for these purposes, Security Capital shall be deemed to have used its commercially reasonable efforts to cause its public investees (including the Company) to take or not take any actions contemplated by such Section 5.1 if Security Capital (i) exercises all voting rights to the extent that the taking or not taking of any action requires a vote of the stockholders of such public investee, (ii) exercises all rights under any contract or agreement to which Security Capital or any of its subsidiaries is a party, and (iii) causes its representatives acting as members of the board of directors or trustees of such public investees subject to their fiduciary duties to such public investees or trustees and their shareholders under applicable law, to exercise all rights as directors of such public investee, as applicable. Consummation of the Merger is subject to a number of conditions, including the approval of the Merger Agreement by a majority of the voting power of the outstanding stock of Security Capital, the absence of any injunction or other government action preventing the merger, obtaining antitrust and other required regulatory approvals, the effective registration of the common shares of beneficial interest, par value $0.01, of ProLogis Trust, beneficially owned by Security Capital, the accuracy of each parties representations and warranties and compliance with covenants, and the absence of a Material Adverse Effect (as defined in the Merger Agreement) having occurred as to Security Capital. The description of the Merger Agreement set forth in this Schedule 13D is qualified in its entirety by reference to such agreement, which is attached hereto as described above and incorporated by reference herein. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) and (b) By reason of the execution and delivery of the Merger Agreement and the covenants set forth in the Merger Agreement relating to the Common Stock as described in Item 4 above, for the purpose of Rule 13d-3 promulgated under the Exchange Act, EB, GE Holdings and GE Capital, may be deemed to have shared voting power and/or shared dispositive power with respect to (and therefore beneficially own) the 34,273,236 shares of Common Stock 9 beneficially owned by Security Capital, representing 59.5% of the outstanding shares of Common Stock. However, the filing of this statement shall not be construed as an admission that any of EB, GE Holdings, GE Capital, GECS or GE are, for purposes of Section 13(d) of the Exchange Act, or Rule 13d-3 promulgated thereunder, the beneficial owner of any of the shares of Common Stock covered by this statement. Except as set forth in this Item 5, neither EB, GE Holdings, GE Capital nor any person controlling EB, GE Holdings or GE Capital, nor, to the best of their knowledge after reasonable inquiry, any person identified on Schedules I through V hereto, owns beneficially any shares of Common Stock. (c) Except for the execution and delivery of the Merger Agreement referenced in Item 4 hereof, no transactions in shares of Common Stock were effected by any of the Reporting Persons, or, to the best of their knowledge, any of the persons identified in Schedules I through V hereto, during the 60 days prior to the date hereof. (d) Not applicable. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Except for the Merger Agreement, to the best knowledge of the Reporting Persons, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between any of the Reporting Persons or any other person with respect to any securities of the Company, including but not limited to, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies or a pledge or contingency the occurrence of which would give another person voting power over the shares of Common Stock of the Company. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit 1 Agreement and Plan of Merger, dated as of December 14, 2001, by and among GE Capital, EB and Security Capital. Exhibit 2 Joint Filing Agreement, dated as of December 26, 2001 by and among GE Capital, GE Holdings, EB, GECS and GE to file this Statement on Schedule 13D with respect to the beneficial ownership by the undersigned of shares of Common Stock of Regency Centers Corporation. 10 SIGNATURES After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: December 26, 2001 GENERAL ELECTRIC COMPANY* By: /s/ Nancy E. Barton ----------------------------------------------- Name: Nancy E. Barton Title: Attorney-in-Fact GENERAL ELECTRIC CAPITAL SERVICES, INC. By: /s/ Nancy E. Barton ----------------------------------------------- Name: Nancy E. Barton Title: Senior Vice President GENERAL ELECTRIC CAPITAL CORPORATION By: /s/ Nancy E. Barton ----------------------------------------------- Name: Nancy E. Barton Title: Senior Vice President GE CAPITAL INTERNATIONAL HOLDINGS CORPORATION By: /s/ Sarah Graber ----------------------------------------------- Name: Sarah Graber Title: Vice President and Assistant Secretary EB ACQUISITION CORP. By: /s/ Kevin Korsh ----------------------------------------------- Name: Kevin Korsh Title: Assistant Secretary ---------------------- * Power of attorney, dated as of February 22, 2000, by General Electric Company is hereby incorporated by reference to Schedule 13D for Luxtec Corporation, filed March 12, 2001 by GE Capital Equity Investments, Inc. 11 EXHIBIT INDEX Exhibit No. Description ----------- ----------- 1 Agreement and Plan of Merger, dated as of December 14, 2001, by and among GE Capital, EB and Security Capital. 2 Joint Filing Agreement, dated as of December 26, 2001 by and among GE Capital, GE Holdings, EB, GECS and GE to file this Statement on Schedule 13D with respect to the beneficial ownership by the undersigned of shares of Common Stock of Regency Centers Corporation. 12 SCHEDULE I TO SCHEDULE 13D Filed by General Electric Capital Corporation EB ACQUISITION CORP. DIRECTORS AND EXECUTIVE OFFICERS Set forth below are the name and present principal occupation or employment of each director and executive officer of EB Acquisition Corp. The business address of each director and executive officer is c/o EB Acquisition Corp., 260 Long Ridge Road, Stamford, Connecticut 06927. All persons are citizens of the United States, except as set forth below.
Name Present Principal Occupation or Employment ---- ------------------------------------------ Michael Pralle Mr. Pralle is the President and Chief Executive Officer of EB Acquisition Corp. and the sole member of its Board of Directors. Stewart Koenigsberg Mr. Koenigsberg is the Vice President and Chief Financial Officer of EB Acquisition Corp. Alec Burger Mr. Burger is a Vice President of EB Acquisition Corp. Mark Kaplow Mr. Kaplow is the Vice President and Secretary of EB Acquisition Corp. Jayne Day Ms. Day is a Vice President of EB Acquisition Corp. Robert Pfeiffer Mr. Pfeiffer is a Vice President of EB Acquisition Corp. Kevin Korsh Mr. Korsh is the Assistant Secretary of EB Acquisition Corp.
13 SCHEDULE II TO SCHEDULE 13D Filed by General Electric Capital Corporation GE CAPITAL INTERNATIONAL HOLDINGS CORPORATION DIRECTORS AND EXECUTIVE OFFICERS Set forth below are the name and present principal occupation or employment of each director and executive officer of GE Capital International Holdings Corporation. The business address of each director and executive officer is c/o GE Capital International Holdings Corporation, 1600 Summer Street, Stamford, Connecticut 06905. All persons are citizens of the United States, except as set forth below.
Name Present Principal Occupation or Employment ---- ------------------------------------------ Kathryn A. Cassidy Ms. Cassidy is Vice President and Assistant Treasurer of GE Capital International Holdings Corporation. Charles Crabtree Mr. Crabtree is a Vice President of GE Capital International Holdings Corporation. Richard D'Avino Mr. D'Avino is the sole Director and a Vice President of GE Capital International Holdings Corporation. Ray Duggins Mr. Duggins is a Vice President of GE Capital International Holdings Corporation. Sarah Graber Ms. Graber is a Vice President and Assistant Secretary of GE Capital International Holdings Corporation. Leonard Kim Mr. Kim is a Vice President of GE Capital International Holdings Corporation. Elizabeth Lee Ms. Lee is a Vice President of GE Capital International Holdings Corporation. Ms. Lee is a citizen of the United Kingdom. Jonathan Mothner Mr. Mothner is a Vice President and Assistant Secretary of GE Capital International Holdings Corporation. David R. Nissen Mr. Nissen is the President of GE Capital International Holdings Corporation. 14 Mike Pyles Mr. Pyles is a Vice President of GE Capital International Holdings Corporation. Jim Richmond Mr. Richmond is a Vice President of GE Capital International Holdings Corporation. Maive Scully Mr. is the Vice President and Treasurer of GE Capital International Holdings Corporation.
15 SCHEDULE III TO SCHEDULE 13D Filed by General Electric Capital Corporation GENERAL ELECTRIC CAPITAL CORPORATION DIRECTORS AND EXECUTIVE OFFICERS Set forth below are the name and present principal occupation or employment of each director and executive officer of General Electric Capital Corporation. The business address of each director and executive officer is c/o General Electric Capital Corporation, Long Ridge Road, Stamford, Connecticut 06927, except as set forth below. All persons are citizens of the United States, except as set forth below
Name Present Principal Occupation or Employment ---- ------------------------------------------ Joan Amble Ms. Amble is the Vice President and Controller of General Electric Capital Corporation. Nancy E. Barton Ms. Barton is a Director and the Senior Vice President, General Counsel and Secretary of General Electric Capital Corporation. Ferdinando Beccalli Mr. Beccalli is a Director and an Executive Vice President of General Electric Capital Corporation. Mr. Beccalli is a citizen of Italy. James R. Bunt Mr. Bunt is a Director of General Electric Capital Corporation. David L. Calhoun Mr. Calhoun is a Director of General Electric Capital Corporation. His business address is 1 Neumann Way, Cincinnati, Ohio 45215. James A. Colica Mr. Colica is the Senior Vice President of Global Risk Management of General Electric Capital Corporation. Richard D'Avino Mr. D'Avino is the Senior Vice President, Tax, of General Electric Capital Corporation. Dennis D. Dammerman Mr. Dammerman is a Director of General Electric Capital Corporation. Scott C. Donnelly Mr. Donnelly is a Director of General Electric Capital Corporation. Michael D. Fraizer Mr. Fraizer is a Director of General Electric Capital Corporation. Benjamin W. Heineman, Jr. Mr. Heineman is a Director of General Electric Capital Corporation. 16 Jeffrey R. Immelt Mr. Immelt is a Director of General Electric Capital Corporation. Robert L. Lewis Mr. Lewis is Senior Vice President of General Electric Capital Corporation. John H. Myers Mr. Myers is a Director of General Electric Capital Corporation. Denis J. Nayden Mr. Nayden is the Chairman and Chief Executive Officer of General Electric Capital Corporation. Michael A. Neal Mr. Neal is a Director and President and Chief Operating Officer of General Electric Capital Corporation. David R. Nissen Mr. Nissen is a Senior Vice President of General Electric Capital Corporation. James A. Parke Mr. Parke is a Director, Vice Chairman and the Chief Financial Officer of General Electric Capital Corporation. Ronald R. Pressman Mr. Pressman is a Director of General Electric Capital Corporation. His business address is 5200 Metcalf, Overland Park, Kansas 66204. Gary M. Reiner Mr. Reiner is a Director of General Electric Capital Corporation. John M. Samuels Mr. Samuels is a Director of General Electric Capital Corporation. Marc J. Saperstein Mr. Saperstein is Senior Vice President of Human Resources of General Electric Capital Corporation. Keith S. Sherin Mr. Sherin is a Director of General Electric Capital Corporation. Edward D. Stewart Mr. Stewart is a Director and an Executive Vice President of General Electric Capital Corporation. Kathryn A. Cassidy Ms. Cassidy is Senior Vice President, Corporate Treasury and Global Funding Operation of General Electric Capital Corporation. Robert C. Wright Mr. Wright is a Director of General Electric Capital Corporation. His business address is 30 Rockefeller Plaza, New York, New York 10112.
17 SCHEDULE IV TO SCHEDULE 13D Filed by General Electric Capital Services, Inc. GENERAL ELECTRIC CAPITAL SERVICES, INC. DIRECTORS AND EXECUTIVE OFFICERS
PRESENT PRESENT BUSINESS PRINCIPAL NAME ADDRESS OCCUPATION ---- ------- ---------- Directors Nancy E. Barton General Electric Capital Corporation Senior Vice President, General Counsel and 260 Long Ridge Road Secretary Stamford, CT 06927 Citizenship: U.S.A. Ferdinando Beccalli General Electric Capital Corporation Director and Executive Vice President 260 Long Ridge Road Stamford, CT 06927 Citizenship: Italy James R. Bunt General Electric Company Vice President and Treasurer 3135 Easton Turnpike Fairfield, CT 06431 Citizenship: U.S.A. David C. Calhoun GE Aircraft Engines Chief Executive Officer 1 Neumann Way Cincinnati, OH 45215 Citizenship: U.S.A. Dennis D. Dammerman General Electric Company Vice Chairman and Executive Officer 3135 Easton Turnpike Fairfield, CT 06431 Citizenship: U.S.A. Scott C. Donnelly General Electric CR&D Senior Vice President One Research Circle Niskayuna, NY 12309 Citizenship: U.S.A. Michael D. Fraizer GE Financial Assurance President and Chief Executive Officer 6604 W. Broad Street Richmond, VA 23230 Citizenship: U.S.A. 18 PRESENT PRESENT BUSINESS PRINCIPAL NAME ADDRESS OCCUPATION ---- ------- ---------- Benjamin W. Heineman, Jr. General Electric Company Senior Vice President, General Counsel and 3135 Easton Turnpike Secretary Fairfield, CT 06431 Citizenship: U.S.A. Jeffrey R. Immelt General Electric Company President and Chairman 3135 Easton Turnpike Fairfield, CT 06431 Citizenship: U.S.A. John H. Myers GE Investment Corporation Chairman and President 3003 Summer Street Stamford, CT 06904 Citizenship: U.S.A. Denis J. Nayden General Electric Capital Corporation Chairman and Chief Executive Officer 260 Long Ridge Road Stamford, CT 06927 Citizenship: U.S.A. Michael A. Neal General Electric Capital Corporation President and Chief Operating Officer 260 Long Ridge Road Stamford, CT 06927 Citizenship: U.S.A. James A. Parke General Electric Capital Corporation Vice Chairman and Chief Financial Officer 260 Long Ridge Road Stamford, CT 06927 Citizenship: U.S.A. Ronald R. Pressman Employers Reinsurance Corporation Chairman, President and Chief Executive Officer 5200 Metcalf Overland Park, KS 66204 Citizenship: U.S.A. Gary M. Reiner General Electric Company Senior Vice President and Chief Information 3135 Easton Turnpike Officer Fairfield, CT 06431 Citizenship: U.S.A. 19 PRESENT PRESENT BUSINESS PRINCIPAL NAME ADDRESS OCCUPATION ---- ------- ---------- John M. Samuels General Electric Company Vice President and Senior Counsel, Corporate 3135 Easton Turnpike Taxes Fairfield, CT 06431 Citizenship: U.S.A. Keith S. Sherin General Electric Company Senior Vice President and 3135 Easton Turnpike Chief Financial Officer Fairfield, CT 06431 Citizenship: U.S.A. Edward D. Stewart General Electric Capital Corporation Executive Vice President 1600 Summer Street Stamford, CT 06927 Citizenship: U.S.A. Robert C. Wright 30 Rockefeller Plaza Director New York, New York 10112 Executive Officers Dennis D. Dammerman General Electric Company Vice Chairman and Executive Officer 3135 Easton Turnpike Fairfield, CT 06431 Citizenship: U.S.A. Denis J. Nayden General Electric Capital Corporation Chairman and Chief Executive Officer 260 Long Ridge Road Stamford, CT 06927 Citizenship: U.S.A. Michael D. Fraizer GE Financial Assurance President and Chief Executive Officer 6604 W. Broad Street Richmond, VA 23230 Citizenship: U.S.A. Michael A. Neal General Electric Capital Corporation President and Chief Operating Officer 260 Long Ridge Road Stamford, CT 06927 Citizenship: U.S.A. 20 PRESENT PRESENT BUSINESS PRINCIPAL NAME ADDRESS OCCUPATION ---- ------- ---------- Ronald R. Pressman Employers Reinsurance Corporation Chairman, President and Chief Executive Officer 5200 Metcalf Overland Park, KS 66204 Citizenship: U.S.A. James A. Parke General Electric Capital Services, Inc. Executive Vice President and Chief Financial 260 Long Ridge Road Officer Stamford, CT 06927 Citizenship: U.S.A. Edward D. Stewart General Electric Capital Services, Inc. Executive Vice President 600 Summer Street Stamford, CT 06927 Citizenship: U.S.A. Nancy E. Barton General Electric Capital Services, Inc. Senior Vice President, General Counsel and 260 Long Ridge Road Secretary Stamford, CT 06927 Citizenship: U.S.A. James A. Colica General Electric Capital Services, Inc. Senior Vice President, 260 Long Ridge Road Global Risk Management Stamford, CT 06927 Citizenship: U.S.A. Richard D'Avino General Electric Capital Services, Inc. Senior Vice President, Taxes 777 Long Ridge Road Stamford, CT 06927 Citizenship: U.S.A. Marc. J. Saperstein General Electric Capital Services, Inc. Senior Vice President, Human Resources 260 Long Ridge Road Stamford, CT 06927 Citizenship: U.S.A. Kathryn A. Cassidy General Electric Capital Services, Inc. Senior Vice President, Corporate Treasury and 201 High Ridge Road Global Funding Operation Stamford, CT 06927 Citizenship: U.S.A.
21 SCHEDULE V TO SCHEDULE 13D Filed by General Electric Company GENERAL ELECTRIC COMPANY DIRECTORS AND EXECUTIVE OFFICERS
PRESENT PRESENT BUSINESS PRINCIPAL NAME ADDRESS OCCUPATION ---- ------- ---------- Directors J. I. Cash, Jr. Harvard Business School Professor of Business Administration Morgan Hall Graduate School of Business Soldiers Field Road Administration, Harvard University Boston, MA 02163 S. S. Cathcart 222 Wisconsin Avenue Retired Chairman, Suite 103 Illinois Tool Works Lake Forest, IL 60045 D. D. Dammerman General Electric Company Vice Chairman of the Board and Executive 3135 Easton Turnpike Officer, General Electric Company; Chairman, Fairfield, CT 06431 General Electric Capital Services, Inc. P. Fresco Fiat SpA Chairman of the Board, via Nizza 250 Fiat SpA 10126 Torino, Italy A. M. Fudge 4 Lowlyn Road Westport, CT 06880 C. X. Gonzalez Kimberly-Clark de Mexico, Chairman of the Board and Chief Executive S.A. de C.V. Officer, Kimberly-Clark de Mexico, S.A. de C.V. Jose Luis Lagrange 103, Tercero Piso Colonia Los Morales Mexico, D.F. 11510, Mexico J. R. Immelt General Electric Company President 3135 Easton Turnpike General Electric Company Fairfield, CT 06431 22 PRESENT PRESENT BUSINESS PRINCIPAL NAME ADDRESS OCCUPATION ---- ------- ---------- A. Jung Avon Products, Inc. President and Chief Executive Officer, Avon 1345 Avenue of the Americas Products, Inc. New York, NY 10105 K. G. Langone Invemed Associates, Inc. Chairman, President and Chief Executive Officer, 375 Park Avenue Invemed Associates, Inc. New York, NY 10152 R. B. Lazarus Ogilvy & Mather Worldwide Chairman and Chief Executive Officer, Ogilvy & 309 West 49th Street Mather Worldwide New York, New York 10019-7316 S. G. McNealy Sun Microsystems, Inc. Chairman, President and Chief Executive Officer, 901 San Antonio Road Sun Microsystems, Inc. Palo Alto, CA 94303-4900 G. G. Michelson Federated Department Stores Former Member of the Board of Directors, 151 West 34th Street Federated Department Stores New York, NY 10001 S. Nunn King & Spalding Partner, King & Spalding 191 Peachtree Street, N.E. Atlanta, GA 30303 R. S. Penske Penske Corporation Chairman of the Board and President, Penske 13400 Outer Drive Corporation West Detroit, MI 48239-4001 F. H. T. Rhodes Cornell University President Emeritus, Cornell University 3104 Snee Building Ithaca, NY 14853 G.L. Rogers General Electric Company Vice Chairman of the Board and Executive 3135 Easton Turnpike Officer, General Electric Company Fairfield, CT 06431 A. C. Sigler Champion International Corporation Retired Chairman of the Board and CEO and former 1 Champion Plaza Director, Champion International Corporation Stamford, CT 06921 D. A. Warner, III J. P. Morgan Chase & Co., Inc. Chairman of the Board, President, and Chief The Chase Manhattan Bank and Morgan Guaranty Executive Officer, J. P. Morgan Chase & Co., Inc. Trust Co. 270 Park Avenue New York, NY 10017-2070 23 PRESENT PRESENT BUSINESS PRINCIPAL NAME ADDRESS OCCUPATION ---- ------- ---------- R. C. Wright National Broadcasting Company, Inc. Vice Chairman of the Board and Executive 30 Rockefeller Plaza Officer, General Electric Company; Chairman and New York, New York 10112 Chief Executive Officer, National Broadcasting Company, Inc. Citizenship P. Fresco - Italy C. X. Gonzalez - Mexico Andrea Jung - Canada All Others - U.S.A. Executive Officers P. D. Ameen General Electric Company Vice President and Comptroller 3135 Easton Turnpike Fairfield, CT 06431 J. R. Bunt General Electric Company Vice President and Treasurer 3135 Easton Turnpike Fairfield, CT 06431 D. C. Calhoun General Electric Company Senior Vice President - GE Aircraft Engines 1 Neumann Way Cincinnati, OH 05215 J.P. Campbell General Electric Company Vice President - GE Appliances Appliance Park Louisville, KY 40225 W. J. Conaty General Electric Company Senior Vice President - Human Resources 3135 Easton Turnpike Fairfield, CT 06431 D. D. Dammerman General Electric Company Vice Chairman of the Board and Executive 3135 Easton Turnpike Officer, General Electric Company; Chairman, Fairfield, CT 06431 General Electric Capital Services, Inc. S.C. Donnelly General Electric Company Senior Vice President - Corporate Research and One Research Circle Development Niskayuna, NY 12309 24 PRESENT PRESENT BUSINESS PRINCIPAL NAME ADDRESS OCCUPATION ---- ------- ---------- M.J. Espe General Electric Company Senior Vice President - GE Lighting Nela Park Cleveland, OH 44112 Y. Fujimori General Electric Company Senior Vice President - GE Plastics 1 Plastics Avenue Pittsfield, MA 01201 B. W. Heineman, Jr. General Electric Company Senior Vice President - General Counsel and 3135 Easton Turnpike Secretary Fairfield, CT 06431 J. R. Immelt General Electric Company President 3135 Easton Turnpike Fairfield, CT 06431 J. M. Hogan General Electric Company Senior Vice President - GE Medical Systems P.O. Box 414 Milwaukee, WI 53201 J. Krenicki, Jr. General Electric Company Vice President - GE Transportation Systems 2901 East Lake Road Erie, PA 16531 R. W. Nelson General Electric Company Vice President - Corporate Financial Planning 3135 Easton Turnpike and Analysis Fairfield, CT 06431 G. M. Reiner General Electric Company Senior Vice President - Chief Information Officer 3135 Easton Turnpike Fairfield, CT 06431 J. G. Rice General Electric Company Senior Vice President - GE Power Systems 1 River Road Schenectady, NY 12345 G. L. Rogers General Electric Company Vice Chairman of the Board and Executive Officer 1 Plastics Avenue Pittsfield, MA 01201 K. S. Sherin General Electric Company Senior Vice President - Finance and Chief 3135 Easton Turnpike Financial Officer Fairfield, CT 06431 L. G. Trotter General Electric Company Senior Vice President - GE Industrial Systems 41 Woodford Avenue Plainville, CT 06062 25 PRESENT PRESENT BUSINESS PRINCIPAL NAME ADDRESS OCCUPATION ---- ------- ---------- W.A. Woodburn General Electric Company Senior Vice President - GE Specialty Materials 41 Woodford Avenue Plaineville, CT 06062 R. C. Wright National Broadcasting Company, Inc. Vice Chairman of the Board and Executive 30 Rockefeller Plaza Officer, General Electric Company; President and New York, New York 10112 Chief Executive Officer, National Broadcasting Company, Inc.
Citizenship Yoshiaki Fujimori Japan All Others U.S.A. 26