Lexington Realty Trust Announces at-the-Market Equity Offering Program
NEW YORK, Jan. 11, 2013 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP),
a real estate investment trust focused on single-tenant real estate
investments, today announced the implementation of an at-the-market ("ATM")
offering program under which it may, from time to time, sell up to $100
million in common shares over the term of the program.
The common shares will be offered through Jefferies & Company, Inc. and
KeyBanc Capital Markets Inc., who each will serve as a sales agent for the
program. All common shares in the ATM offering program will be offered under
Lexington's existing automatic shelf registration statement (including a
prospectus and prospectus supplement) filed with the Securities and Exchange
Commission ("SEC"). The prospectus supplement related to this ATM offering
program will be filed with the SEC. Before making an investment decision with
regards to the common shares in the ATM offering program, please read the
prospectus, including the related prospectus supplement, and other documents
Lexington has filed with the SEC for more complete information about Lexington
and this offering. Copies of the prospectus, the prospectus supplement and the
registration statement may be obtained by contacting: Jefferies & Company,
Inc., Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue,
12th Floor, New York, NY 10022, or by telephone toll free at (877) 547-6340 or
by email at Prospectus_Department@Jefferies.com; or KeyBanc Capital Markets
Inc., Attention: Prospectus Delivery Department, 127 Public Square, 4th Floor,
Cleveland, OH 44114.
This press release shall not constitute an offer to sell or the solicitation
of an offer to buy securities, nor shall there be any sale of securities in
any state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any state.
ABOUT LEXINGTON REALTY TRUST
Lexington Realty Trust is a real estate investment trust that owns, invests in
and manages single-tenant office, industrial and retail properties leased to
major corporations throughout the United States. Lexington also provides
investment advisory and asset management services to investors in the
single-tenant area. Lexington's common shares are traded on the New York Stock
Exchange under the symbol "LXP". Additional information about Lexington is
available by contacting Lexington Realty Trust, Investor Relations, One Penn
Plaza, Suite 4015, New York, New York 10119-4015.
This release contains certain forward-looking statements which involve known
and unknown risks, uncertainties and other factors not under Lexington's
control which may cause actual results, performance or achievements of
Lexington to be materially different from the results, performance, or other
expectations implied by these forward-looking statements. These factors
include, but are not limited to those factors and risks detailed in
Lexington's periodic filings with the Securities and Exchange Commission.
Lexington undertakes no obligation to publicly release the results of any
revisions to those forward-looking statements which may be made to reflect
events or circumstances after the occurrence of unanticipated events.
Accordingly, there is no assurance that Lexington's expectations will be
CONTACT: Investor or Media Inquiries for Lexington Realty Trust:
Patrick Carroll, CFO
Lexington Realty Trust
Phone: (212) 692-7200 E-mail: firstname.lastname@example.org
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