{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-080556","form_type":"8-K","ticker":"REXR","cik":"0001571283","company_name":"Rexford Industrial Realty, Inc.","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.657372+00:00","generated_at":"2026-06-04T06:09:15.742997+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Rexford Industrial prices $1.15B exchangeable senior notes and forward equity sale","bullets":["Issued $575M of 4.375% exchangeable senior notes due 2027 and $575M of 4.125% notes due 2029, including full over-allotment exercise.","Initial exchange rate 15.7146 shares per $1,000 principal for both series (exchange price ~$63.64/share).","Entered forward sale agreement for up to 17.2M common shares at $48.95/share, settlement by March 27, 2025.","Proceeds to fund acquisitions, development/repositioning activities, and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-080556","json":"https://secwatch.observer/filing/0001193125-24-080556.json","markdown":"https://secwatch.observer/filing/0001193125-24-080556.md","text":"https://secwatch.observer/filing/0001193125-24-080556.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1571283/000119312524080556/0001193125-24-080556-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1571283/000119312524080556/d815475d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T06:09:15.742997+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b4b7efc5decbb85b475d5583674d6f6c25b5204f","claim":"Rexford Industrial Realty, Inc. incurred convertible notes of $575,000,000 aggregate principal amount of its 4.375% Exchangeable Senior Notes due 2027 with U.S. Bank Trust Company, National Association at 4.375% per annum maturing March 15, 2027.","evidence_excerpt":"On March 28, 2024, Rexford Industrial Realty, L.P. (the “Operating Partnership”), the operating partnership of Rexford Industrial Realty, Inc. (the “Company”), issued $575,000,000 aggregate principal amount of its 4.375% Exchangeable Senior Notes due 2027","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1571283/000119312524080556/0001193125-24-080556-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$575,000,000 aggregate principal amount of its 4.375% Exchangeable Senior Notes due 2027"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"4.375% per annum"},{"label":"Maturity","value":"March 15, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"cf29c5c6d14b0cf9cc028c1c325e935dea2d6f86","claim":"Rexford Industrial Realty, Inc. incurred convertible notes of $575,000,000 aggregate principal amount of its 4.125% Exchangeable Senior Notes due 2029 with U.S. Bank Trust Company, National Association at 4.125% per annum maturing March 15, 2029.","evidence_excerpt":"and $575,000,000 aggregate principal amount of its 4.125% Exchangeable Senior Notes due 2029","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1571283/000119312524080556/0001193125-24-080556-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$575,000,000 aggregate principal amount of its 4.125% Exchangeable Senior Notes due 2029"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"4.125% per annum"},{"label":"Maturity","value":"March 15, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3dff65c98ef9a11d324e5d6bf0e12ae49142e093","claim":"Rexford Industrial Realty, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $575,000,000 aggregate principal amount of its 4.375% Exchangeable Senior Notes due 2027 and $575,00 (effective 2024-03-28).","evidence_excerpt":"On March 28, 2024, Rexford Industrial Realty, L.P. (the “Operating Partnership”), the operating partnership of Rexford Industrial Realty, Inc. (the “Company”), issued $575,000,000 aggregate principal amount of its 4.375% Exchangeable Senior Notes due 2027 (the “2027 Notes”) and $575,000,000 aggregate principal amount of its 4.125% Exchangeable Senior Notes due 2029 (the “2029 Notes” and, together with the 2027 Notes, the “Notes”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1571283/000119312524080556/0001193125-24-080556-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$575,000,000 aggregate principal amount of its 4.375% Exchangeable Senior Notes due 2027 and $575,00"},{"label":"Effective","value":"2024-03-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}