SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 23, 2004
EQUITY ONE, INC.
(Exact name of registrant as specified in its charter)
Maryland
(State or other jurisdiction of incorporation)
001-13499 52-1794271
(Commission File Number) (I.R.S. Employer Identification No.)
1696 NE Miami Gardens Drive
North Miami Beach, Florida 33179
(Address of principal executive offices) (Zip Code)
(305) 947-1664
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
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Item 5. Other Events.
On March 23, 2004, Equity One, Inc., a Maryland corporation ("Equity One"),
entered into an underwriting agreement, attached as Exhibit 1.1 hereto, with
Credit Suisse First Boston LLC, Deutsche Bank Securities Inc. and J.P. Morgan
Securities Inc., as the underwriters, with respect to the issue and sale by
Equity One of $200 million of 3.875% senior unsecured notes due April 15, 2009
in an underwritten public offering.
The notes were registered under the Securities Act of 1933, as amended,
pursuant to Equity One's shelf registration statements on Form S-3 (Registration
Nos. 333-81216 and 333-106909). The notes were issued pursuant to a supplemental
indenture, attached as Exhibit 4.1 hereto, to the indenture dated as of
September 9, 1998 among the Company, SunTrust Bank, as trustee, and each of the
guarantors set forth therein.
A copy of the press release issued by Equity One on March 26, 2004
announcing the public offering is attached as Exhibit 99.1 hereto and is
incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
1.1 * Underwriting Agreement dated as of March 23, 2004 among Equity
One, Credit Suisse First Boston LLC, Deutsche Bank Securities Inc. and J.P.
Morgan Securities Inc.
4.1* Supplemental Indenture dated as of March 26, 2004 among Equity
One, the guarantors named therein, and SunTrust Bank.
5.1 Opinion of Venable LLP.
5.2 Opinion Greenberg Traurig, P.A.
23.1 Consent of Venable LLP (included in Exhibit 5.1 hereto).
23.2 Consent of Greenberg Traurig, P.A. (included in Exhibit 5.2
hereto).
99.1 Press Release, dated March 26, 2004, of Equity One.
________________________________
* Equity One hereby agrees to furnish to the Securities and Exchange
Commission, supplementally, any schedules or exhibits to such agreement
which are not filed herewith, upon the request of the Securities and
Exchange Commission.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Equity
One has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
EQUITY ONE, INC.
Date: March 31, 2004 By: /s/ Howard M. Sipzner
-----------------------------
Howard M. Sipzner
Chief Financial Officer
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INDEX TO EXHIBITS
Exhibit Number Description of Exhibit
- -------------- ----------------------
1.1 Underwriting Agreement dated as of March 23, 2004 among
Equity One, Credit Suisse First Boston LLC, Deutsche Bank
Securities Inc. and J.P. Morgan Securities Inc.
4.1 Supplemental Indenture dated as of March 26, 2004 among
Equity One, the guarantors named therein, and SunTrust Bank.
5.1 Opinion of Venable LLP.
5.2 Opinion Greenberg Traurig, P.A.
23.1 Consent of Venable LLP (included in Exhibit 5.1 hereto).
23.2 Consent of Greenberg Traurig, P.A. (included in Exhibit 5.2
hereto).
99.1 Press Release, dated March 26, 2004, of Equity One.
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