-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U5KS+CJ1dVDEPKiPiewK9tHdChWorJbyAMPBK6yWKR0czSWnJcFSbCbogWrhUT3R En+8sBmLI+JJXIKm6tX1Kw== 0001116679-07-000388.txt : 20070209 0001116679-07-000388.hdr.sgml : 20070209 20070209171148 ACCESSION NUMBER: 0001116679-07-000388 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070209 DATE AS OF CHANGE: 20070209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LEXINGTON REALTY TRUST CENTRAL INDEX KEY: 0000910108 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 133717318 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-121708 FILM NUMBER: 07598976 BUSINESS ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4015 CITY: NEW YORK STATE: NY ZIP: 10119 BUSINESS PHONE: (212) 692-7200 MAIL ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4015 CITY: NEW YORK STATE: NY ZIP: 10119 FORMER COMPANY: FORMER CONFORMED NAME: LEXINGTON CORPORATE PROPERTIES TRUST DATE OF NAME CHANGE: 19980625 FORMER COMPANY: FORMER CONFORMED NAME: LEXINGTON CORPORATE PROPERTIES INC DATE OF NAME CHANGE: 19930816 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LEXINGTON REALTY TRUST CENTRAL INDEX KEY: 0000910108 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 133717318 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4015 CITY: NEW YORK STATE: NY ZIP: 10119 BUSINESS PHONE: (212) 692-7200 MAIL ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4015 CITY: NEW YORK STATE: NY ZIP: 10119 FORMER COMPANY: FORMER CONFORMED NAME: LEXINGTON CORPORATE PROPERTIES TRUST DATE OF NAME CHANGE: 19980625 FORMER COMPANY: FORMER CONFORMED NAME: LEXINGTON CORPORATE PROPERTIES INC DATE OF NAME CHANGE: 19930816 FWP 1 lex_fwp-020907.htm

Filed pursuant to Rule 433

Registration Statement No. 333-121708

Relating to Preliminary Prospectus Supplement

dated February 8, 2007

 

 

LEXINGTON REALTY TRUST

7.55% CUMULATIVE REDEEMABLE PREFERRED STOCK, SERIES D

 

Final Term Sheet

Issuer: Lexington Realty Trust (NYSE: LXP)

Security: 7.55% Cumulative Redeemable Preferred Stock, Series D

Size: 6,000,000 shares

Over-allotment Option: 900,000 shares at $25.00 per share

Type of Security: SEC Registered - Registration Statement No. 333-121708

Public Offering Price: $25.00 per share; $150,000,000 total (not including over-allotment option)

Underwriting

Discounts and Commissions: $0.7875 per share

Proceeds to the

Issuer, before expenses: $145,275,000 total

Estimated Issuer Expenses: $295,000 other than underwriting discounts and commissions

Bookrunner: Merrill Lynch, Pierce, Fenner & Smith Incorporated

Senior Co-managers: A.G. Edwards & Sons, Inc, Raymond James & Associates, Inc.

Junior Co-managers:

BB&T Capital Markets, KeyBanc Capital Markets, a division of McDonald Investments Inc., Ryan Beck & Co., Inc.

 

Underwriting:

Number of

 

Firm Shares

Merrill Lynch, Pierce, Fenner & Smith Incorporated

1,700,000

A.G. Edwards & Sons, Inc.

1,700,000

Raymond James & Associates, Inc.

1,700,000

BB&T Capital Markets

300,000

KeyBanc Capital Markets, a division of McDonald Investments Inc.

300,000

Ryan Beck & Co., Inc.

300,000

Dividend Rights: 7.55% of the liquidation preference per annum (subject to step-up to 8.55% per annum of the liquidation preference per share under certain circumstances as described in the prospectus supplement); Distributions begin on April 16, 2007

Redemption: The shares may not be redeemed until on or after February 14, 2012

Settlement Date: February 14, 2007 (T+3)

Delivery Date: February 14, 2007 (T+3)

Selling Concession: $0.500/Share

Reallowance to other dealers:

$0.450/share

 

CUSIP Number:

529537201

 

 

 

ISIN Number:

US5295372016

 

Use of Proceeds:

 

The net proceeds of this offering will be approximately $144,980,000 after deducting underwriting discounts and commissions and the Issuer’s estimated offering expenses. It is expected that the net proceeds will be used to repay in full the borrowings under the Issuer’s revolving credit agreement and for general corporate purposes.

 

 

The Issuer has filed a registration statement (including a prospectus and prospectus supplement with the SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus and the prospectus supplement in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Merrill Lynch & Co. toll-free 1-866-500-5408.

 

Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such disclaimers or other notices were automatically generated as a result of this communication being sent via Bloomberg or another email system.

 

 

 

 

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