NEWS
Paul Hastings Advises Lexington Realty Trust on a $128 Million Follow-On Public Offering
October 23, 2013
New York, NY-- Paul Hastings LLP, a leading global law firm, announced today that it advised Lexington Realty Trust (NYSE: LXP), a leading real estate investment trust focused on single-tenant real estate investments across the nation, in connection with its follow-on public offering.
The company sold an aggregate of 11,500,000 common shares, including 1,500,000 common shares issued pursuant to the full exercise of the underwriters’ over-allotment option. The transaction raised gross proceeds of approximately $128.5 million for the company.
Securities and Capital Markets partner Scott Saks and associate Shehzad Siddiqui led the Paul Hastings team, which also included associate Melissa Fishkin and Tax partner Kristen Chang Winckler and associate LiHao Zhang.
The Paul Hastings team has also represented Lexington Realty Trust their prior follow-on public offerings.
Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.
Practice Areas
Securities and Capital Markets
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