Paul Hastings, a leading global law firm, announced today that the firm represented Lexington Realty Trust (NYSE: LXP), a real estate investment trust focused on single-tenant real estate investments, in the refinancing of its secured credit facility.
Lexington refinanced its existing secured credit facility with an unsecured credit facility, consisting of a $300 million revolving credit facility and a $250 million term loan facility agented by KeyBank National Association.
Leveraged Finance partners Michael Chernick and Scott Saks led the Paul Hastings team, which also included associates Ryan Russell and Mark Nylen.