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Lexington to redeem all 7.55% series D cumulative preferreds April 19
By Marisa Wong
Madison, Wis., March 19 - Lexington Realty Trust said it intends to redeem all of its outstanding 7.55% series D cumulative redeemable preferred stock on April 19.
The 6.2 million outstanding shares of 7.55% series D preferreds will be redeemed at a price of $25.00 per share plus accumulated dividends up to and including the redemption date in the amount of $0.099618 per share. The total redemption cost will be $155,617,631.60.
Computershare Trust Co., NA (800 777-3674) is the redemption agent.
The real estate investment trust is based in New York.
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