other material
confidence high
sentiment neutral
materiality 0.50
LXP extends maturity on forward equity sale agreements for 16M shares to Dec 30, 2022
LXP Industrial Trust
- Amended Wells Fargo forward confirmation: maturity extended from June 27 to Dec 30, 2022 for 8M common shares.
- Amended JPMorgan forward confirmation: maturity extended from Sep 26 to Dec 30, 2022 for 8M common shares.
- Both confirmations cover a total of 16 million common shares in forward sale transactions.
- Forward price reduction schedule updated with quarterly reductions through Dec 29, 2022.