LXP Industrial Trust Secures $600 Million Credit Facility and $250 Million Term Loan at Lower Rates

Reuters
01/14
LXP Industrial Trust Secures $600 Million Credit Facility and $250 Million Term Loan at Lower Rates

LXP Industrial Trust has closed on a $600 million senior unsecured revolving credit facility and a $250 million unsecured term loan, amending and restating its previous financing agreements. The new revolving credit facility matures on January 31, 2030, with extension options and offers an interest rate of SOFR plus 77.5 basis points, reduced from 95 basis points, along with a lower facility fee of 15 basis points. The $250 million term loan now matures on January 31, 2029, with two one-year extension options, and carries an interest rate of SOFR plus 85 basis points, down from 110 basis points previously. These new debt facilities extend LXP's debt maturity profile, reduce interest costs, and enhance financial flexibility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LXP Industrial Trust published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9625287-en) on January 14, 2026, and is solely responsible for the information contained therein.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10