secwatch.observer — SEC 8-K summary
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Issuer:     LXP Industrial Trust (LXP)
CIK:        0000910108
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0001539497-23-001842
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LXP Industrial Trust issues $300M of 6.750% Senior Notes due 2028
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- $300M aggregate principal of 6.750% Senior Notes due 2028 at 99.423% to yield 6.888%.
- Net proceeds after underwriting discounts estimated at ~$296.5M.
- Proceeds to repay all outstanding under unsecured revolving credit facility and for general corporate purposes.
- Underwriters include Wells Fargo Securities, J.P. Morgan Securities, Mizuho Securities USA and others.
- Closing expected November 13, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910108/000153949723001842/0001539497-23-001842-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910108/000153949723001842/n3521_x10-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-23-001842

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