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Lexington Realty Trust buys back $46.6 million exchangeables in Q2
New York, June 3 - Lexington Realty Trust said it repurchased $46.6 million principal amount of its 5.45% exchangeable guaranteed notes during the second quarter at an 18.1% discount.
As of June 3, the New York-based office, industrial and retail real estate investment trust had $141.9 million principal amount of the exchangeables outstanding.
During the first quarter, Lexington repurchased $22.5 million of its 5.45% exchangeable notes at a 34.1% discount, the company previously announced.
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