First Industrial to redeem all $75 million series F, G preferreds

By Tali Rackner

Minneapolis, Feb. 3 - First Industrial Realty Trust Inc. plans to redeem all 50,000 depositary shares relating to its series F flexible cumulative redeemable preferred stock and all 25,000 depositary shares relating to its series G flexible cumulative redeemable preferred stock, according to a press release.

The series F shares will be redeemed at $1,000 per share, for a total of $50 million, plus accumulated dividends on March 6.

The series G shares will be redeemed at $1,000 per share, for a total of $25 million, plus accumulated dividends on March 31.

Computershare Trust Co. is the paying agent.

First Industrial is a Chicago-based owner and operator of industrial real estate and provider of supply-chain services.

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