---
schema_version: "secwatch.filing_event.v1"
accession: "0001444838-22-000010"
form_type: "8-K"
ticker: "LXP"
cik: "0000910108"
company_name: "LXP Industrial Trust"
filed_at: "2022-07-11T23:59:59+00:00"
generated_at: "2026-06-24T17:56:45.581847+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# LXP Industrial Trust enters new $600M revolver and $300M term loan facility

## Summary
- New $600M senior unsecured revolver matures July 5, 2026; extendable to July 5, 2027, replaces prior $600M revolver.
- Existing $300M term loan continues with maturity January 31, 2025; combined capacity can increase up to $1.8B.
- Pricing based on SOFR plus margin: revolver SOFR margin ranges 0.725%–1.40% depending on credit rating.
- Key financial covenant: Total Indebtedness capped at 60% of Capitalized Value (cap rate lowered to 6.0% from 7.25%).
- Proceeds to be used for general working capital, including funding new investments.

## SEC filing metadata
- accession: 0001444838-22-000010
- form_type: 8-K
- ticker: LXP
- cik: 0000910108
- company_name: LXP Industrial Trust
- filed_at: 2022-07-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 1.02, 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910108/000144483822000010/0001444838-22-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910108/000144483822000010/lxp-20220705.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001444838-22-000010
- JSON: https://secwatch.observer/filing/0001444838-22-000010.json
- Plain text: https://secwatch.observer/filing/0001444838-22-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.