Lexington Realty Trust Announces Refinancing of $300M Revolving Credit Facility

Lexington Realty Trust LXP announced that it has refinanced its secured revolving credit facility which was scheduled to mature in February, 2011, with a $300.0 million secured revolving credit facility with Key Bank National Association, as agent. This represents an increase in availability of $80.0 million over the amount of the previous facility. As of December 31, 2010, no borrowings were outstanding under the previous facility.