Lexington Realty Trust Announces Offering of 8.0M Shares

Lexington Realty Trust LXP today announced that it has commenced an underwritten registered public offering of 8,000,000 common shares. Lexington will grant the underwriters a 30-day option to purchase up to an additional 1,200,000 common shares to cover over-allotments, if any. BofA Merrill Lynch and Wells Fargo Securities will act as joint book-running managers for the offering. Barclays Capital will act as a co-lead manager for the offering. RBC Capital Markets, Morgan Keegan & Company, Inc., Keefe, Bruyette & Woods and Stifel Nicolaus Weisel will act as co-managers.