LXP FORM 8-K 5.31.2012


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

Current Report Pursuant
to Section 13 OR 15(d) of The
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 31, 2012

LEXINGTON REALTY TRUST
(Exact name of registrant as specified in its charter)
 
 
 
Maryland
1-12386
13-3717318
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
 
 
 
One Penn Plaza, Suite 4015, New York, New York
10119-4015
(Address of principal executive offices)
(Zip Code)

(212) 692-7200
(Registrant's telephone number, including area code)
                    
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

___    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

___    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

___    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

___    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 8.01.    Other Events.

On May 31, 2012, Lexington Realty Trust, which we refer to as the Trust, completed the previously announced redemption of all 2,740,874 outstanding shares of its 8.05% Series B Cumulative Redeemable Preferred Stock (NYSE: LXPPRB), which we refer to as the Series B Preferred Shares, at a cash redemption price of $25.00 per share, plus accumulated and unpaid dividends thereon up to and including the date of redemption. Following the redemption, dividends with respect to the Series B Preferred Shares will cease to accrue and the shares will be delisted from the New York Stock Exchange. The total redemption price of $69,441,186 for the redemption of all Series B Preferred Shares was paid by the Trust primarily from $68,000,000 of additional borrowings under its secured revolving credit facility.




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Lexington Realty Trust

Date: May 31, 2012
By:
/s/ Patrick Carroll
 
 
Patrick Carroll
 
 
Chief Financial Officer