LXP Industrial Trust announced the results of its tender offer to purchase up to $150 million of its 6.750% Notes due 2028. The Offer will expire on October 30, 2025, with the early tender deadline being October 15, 2025. As of the early deadline, $186,042,000 of Notes had been tendered. The Total Consideration for accepted Notes will be determined on October 16, 2025, with the Company expecting to announce pricing and accepted amounts on the same day. Holders who tendered before the early deadline are eligible for the Total Consideration and Accrued Interest. Wells Fargo Securities, LLC is the dealer manager for the Offer.
Since the Offer is fully subscribed, the Company will not accept any Notes tendered after the early deadline. Information and Tender Agent, D.F. King & Co., Inc., can provide the Offer to Purchase details. LXP Industrial Trust focuses on Class A warehouse and distribution real estate investments. The Offer does not constitute an offer to buy or sell Notes in any unlawful circumstances. Holders must make their decisions regarding tendering Notes. Forward-looking statements involve risks and uncertainties beyond the Company’s control. Contact Heather Gentry for investor inquiries.
Read more at GlobeNewswire: LXP Industrial Trust Announces Early Results of Cash Tender
