form8k.htm
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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): September 13, 2010
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LEXINGTON REALTY TRUST
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|
(Exact
Name of Registrant as Specified in Its Charter)
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|
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Maryland
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1-12386
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13-3717318
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(State
or Other Jurisdiction
of
Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification Number)
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One Penn Plaza, Suite 4015, New York, New
York
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10119-4015
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(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 obligations of the registrant under any of the following
provisions
___ 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))
On
September 13, 2010, Lexington Realty Trust, Lepercq Corporate Income Fund L.P.,
Lepercq Corporate Income Fund II L.P., and Net 3 Acquisition L.P., jointly and
severally as borrowers under the Credit Agreement, dated February 13, 2009 with
KeyBank National Association, as agent, and each of the financial institutions a
signatory thereto together, exercised their right to increase the revolving loan
portion of the Credit Agreement by $45,000,000 to
$220,000,000. Simultaneous with the exercise of their right to
increase, the borrowers repaid, in full, $80,000,000 outstanding under the term
loan portion of the Credit Agreement. The borrowers have the ability,
subject to lender approval, to increase the capacity under the revolving loan
portion of the Credit Agreement to $335,000,000. As of September 13,
2010, $30,000,000 is outstanding on the revolving loan portion of
the Credit Agreement. Accordingly, amounts outstanding under the
Credit Agreement have been reduced by $50,000,000 since June 30,
2010.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, each registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Lexington Realty
Trust
Date:
September 14,
2010 By: /s/ Patrick
Carroll
Patrick Carroll
Chief Financial Officer