NYSE:LXPIndustrial REITs
LXP Industrial Trust (LXP) Valuation Check After New Credit Facility And Term Loan Refinancing
LXP Industrial Trust (LXP) has overhauled its debt profile by closing a new US$600 million senior unsecured revolving credit facility and refinancing a US$250 million unsecured term loan with longer maturities and lower stated borrowing costs.
See our latest analysis for LXP Industrial Trust.
The financing update comes after a period of steady share price momentum, with LXP Industrial Trust’s 90 day share price return of 8.30% and year to date share price return of 3.43%, while the 1 year...