Lexington Realty Trust (NYSE:LXP), a real estate investment trust (REIT) focused on single-tenant real estate investment, recently announced that it has secured a $215.0 million term loan, scheduled to mature in January 2019. The company expects to utilize the proceeds generated from the transaction to repay certain debts.
In connection with the procurement of the term loan, Lexington Realty replaced its existing $300.00 million secured revolving credit facility, which was scheduled to mature in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards