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Published on 11/8/2023 in the Prospect News Bank Loan Daily.

LXP Industrial Trust amends, extends term loans to 2027

By Mary-Katherine Stinson

Lexington, Ky., Nov. 8 – LXP Industrial Trust on Nov. 3 amended its second amended and restated credit agreement, which provided for term loans and a revolving credit facility, according to a 424B5 filing with the Securities and Exchange Commission.

The amendment extended the maturity of the term loans to Jan. 31, 2027 from Jan. 31, 2025, amended the list of lenders and adjusted the allocation of principal for the term loans.

KeyBank, NA is the agent.

LXP is a Maryland real estate investment trust focused on single-tenant warehouse/distribution real estate. Based in New York City, it was formerly known as Lexington Realty Trust.


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