Rexford to redeem all $90 million 5.875% series A preferreds

By Wendy Van Sickle

Columbus, Ohio, July 12 – Rexford Industrial Realty, Inc. will redeem all $90 million, or 3.6 million shares, of $25-par series A 5.875% cumulative redeemable preferred stock (Cusip: 76169C209), according to a news release.

The preferreds will be redeemed at par plus accrued dividends for a total payment of $25.183594 per share, on Aug. 16.

American Stock Transfer & Trust Co., LLC is the redemption agent.

Rexford is a Los Angeles-based real estate investment trust.

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