LEXINGTON REALTY TRUST (NYSE:LXP) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01.Entry into a Material Definitive Agreement.

On September 29, 2017, Lexington Realty Trust, which we refer to as the Trust, and Lepercq Corporate Income Fund L.P., which we refer to as LCIF, entered into the First Amendment to Credit Agreement and Agreement Regarding Revolving Loan Commitment and Term Loan Increases, which we refer to as the Credit Agreement Amendment, among the Trust and LCIF, as borrowers, each of the lenders party thereto, and KeyBank National Association as agent. The Credit Agreement Amendment, among other things, (a) increases the amount of certain Revolving Lenders’ Revolving Loan Commitments (each as defined in the Credit Agreement, dated as of September 1, 2015, which we refer to as the Credit Agreement) under the Credit Agreement by an aggregate of $105 million for an aggregate Revolving Loan Commitment of $505 million; (b) obligates the Term Loan Lenders party thereto to make additional Term Loans (as defined in the Credit Agreement) to the Trust and LCIF on such date in the aggregate amount of $95 million, consisting of a $50 million increase in the 2020 Term Loan (as defined in the Credit Agreement), for an aggregate 2020 Term Loan of $300 million, and a $45 million increase in the 2021 Term Loan (as defined in the Credit Agreement), for an aggregate 2021 Term Loan of $300 million; (c) incorporates customary bail-in provisions in accordance with applicable law; (d) modifies and adds certain defined terms in the Credit Agreement; and (e) increases the maximum amount of incremental facilities that the Trust and LCIF may incur after such date so with lender approval, the Trust and LCIF can increase the size of the Revolving Loan Commitments, the 2020 Term Loan and the 2021 Term Loan by an amount, when taken together, shall not exceed $2.01 billion. The foregoing description of the Credit Agreement Amendment is qualified in its entirety by reference to the Credit Agreement Amendment attached as Exhibit 10.1 to this Current Report on Form 8-K, which we refer to as this Current Report.

Item 2.03.Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On September 29, 2017, the Trust and LCIF entered into the Credit Agreement Amendment described in Item 1.01 of this Current Report. The material terms and conditions pertaining to the Credit Agreement Amendment are set forth in Item 1.01 of this Current Report and to the extent required by Item 2.03 of Form 8-K, the information contained in Item 1.01 of this Current Report is hereby incorporated by reference into this Item 2.03.

Item 7.01.Regulation FD Disclosure.

On October 2, 2017, the Trust issued a press release announcing a portfolio acquisition. A copy of the press release is furnished herewith as Exhibit 99.1.

The information furnished to this “Item 7.01 – Regulation FD Disclosure”, including Exhibit 99.1, shall not be deemed to be “filed” for the for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, which we refer to as the Exchange Act, or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing made by us under the Exchange Act or Securities Act of 1933, as amended, regardless of any

general incorporation language in any such filing, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01.Financial Statements and Exhibits.

(d)Exhibits

LEPERCQ CORPORATE INCOME FUND L P Exhibit
EX-10.1 2 exhibit10110217agreement.htm EXHIBIT 10.1 Exhibit EXHIBIT 10.1Execution VersionFIRST AMENDMENT TO CREDIT AGREEMENT AND AGREEMENT REGARDING REVOLVING LOAN COMMITMENT AND TERM LOAN INCREASES THIS FIRST AMENDMENT TO CREDIT AGREEMENT AND AGREEMENT REGARDING REVOLVING LOAN COMMITMENT AND TERM LOAN INCREASES dated as of September 29,…
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About LEXINGTON REALTY TRUST (NYSE:LXP)

Lexington Realty Trust is a self-managed and self-administered real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant properties and land. The Company’s segment is single-tenant real estate assets. The Company also provides investment advisory and asset management services to investors in the single-tenant area. The Company has equity ownership interests in approximately 215 consolidated real estate properties, located in over 40 states and containing an aggregate of approximately 42.3 million square feet of space, approximately 96.8% of which was leased. The properties in which the Company has an interest are leased to tenants in various industries, including service, automotive, technology, transportation and logistics, and finance and insurance.