tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

LXP Industrial Trust Expands Credit Facility, Refinances Term Loan

Story Highlights
  • LXP closed a $600 million unsecured revolving credit facility with extended maturity and lower pricing.
  • The REIT refinanced a $250 million term loan, further reducing interest costs and strengthening its balance sheet.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LXP Industrial Trust Expands Credit Facility, Refinances Term Loan

Claim 70% Off TipRanks Premium

LXP Industrial Trust ( (LXP) ) has issued an update.

On January 13–14, 2026, LXP Industrial Trust closed a $600 million senior unsecured revolving credit facility that amends and restates its prior revolver, extending the maturity to January 31, 2030 with extension options while lowering the interest margin to SOFR plus 77.5 basis points and reducing the facility fee to 15 basis points. The company also refinanced its $250 million unsecured term loan with an initial maturity of January 31, 2029 and two one-year extension options, cutting pricing to SOFR plus 85 basis points; management said the transactions extend LXP’s debt maturity profile, reduce interest costs and strengthen its balance sheet following 2025 leverage reduction and a recent S&P Global Ratings outlook revision to positive, enhancing financial flexibility for the industrial REIT and its stakeholders.

The most recent analyst rating on (LXP) stock is a Buy with a $62.00 price target. To see the full list of analyst forecasts on LXP Industrial Trust stock, see the LXP Stock Forecast page.

Spark’s Take on LXP Stock

According to Spark, TipRanks’ AI Analyst, LXP is a Outperform.

LXP Industrial Trust’s overall stock score reflects strong financial performance and positive earnings call outcomes, supported by strategic corporate events. While technical indicators are generally positive, valuation concerns due to a high P/E ratio slightly temper the outlook. The company’s robust dividend yield and strategic initiatives provide a solid foundation for future growth.

To see Spark’s full report on LXP stock, click here.

More about LXP Industrial Trust

LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust specializing in Class A warehouse and distribution properties across 12 target markets in the Sunbelt and lower Midwest, expanding its logistics-focused portfolio through acquisitions, build-to-suit and sale-leaseback transactions, development projects and related deals.

Average Trading Volume: 722,170

Technical Sentiment Signal: Buy

Current Market Cap: $2.97B

Learn more about LXP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1