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Published on 8/4/2021 in the Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

Rexford may issue guaranteed green senior notes via two bookrunners

By Devika Patel

Knoxville, Tenn., Aug. 4 – Rexford Industrial Realty LP is expected to price guaranteed green senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes have a make-whole call and are then redeemable at par.

The bookrunners are Citigroup Global Markets Inc. and J.P. Morgan Securities LLC.

The notes are guaranteed by Rexford Industrial Realty, Inc.

Proceeds will be used for eligible green projects.

Rexford is a Los Angeles-based real estate investment company focused on owning, operating and acquiring industrial properties in Southern California infill markets.


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