Rexford Industrial to price offering of fixed-rate senior notes

By Marisa Wong

Los Angeles, Nov. 10 – Rexford Industrial Realty LP plans to price fixed-rate senior notes guaranteed by Rexford Industrial Realty, Inc., according to a 424B5 filing with the Securities and Exchange Commission.

J.P. Morgan Securities LLC, BofA Securities, Inc. and U.S. Bancorp Investments, Inc. are the joint bookrunners.

Proceeds will be used to fund future acquisitions, to fund development activities and for general corporate purposes, which may include the repayment of outstanding debt.

Rexford is a Los Angeles-based real estate investment company focused on owning, operating and acquiring industrial properties in Southern California infill markets.

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