US EditionFirst Industrial Realty Trust Announces Pricing of $450 Million of Senior Notes Due 2031
- First Industrial Realty Trust, Inc., based in Chicago, announced on May 12, 2025, the pricing of $450 million senior unsecured notes due 2031.
- The offering by First Industrial, L.P. Followed a shelf registration and aims to fund acquisitions, development, debt repayment, and working capital.
- The Notes have a 5.25% interest rate, priced at 99.265% of principal, mature January 15, 2031, and will be fully guaranteed by the Company.
- Joint book-running managers include J.P. Morgan, PNC Capital Markets, Wells Fargo, Citigroup, Fifth Third Securities, Regions Securities, and U.S. Bancorp Investments.
- The offering is subject to customary closing conditions and reflects forward-looking statements based on reasonable assumptions but without assurance of results.
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First Industrial Realty Trust Announces Pricing of $450 Million of Senior Notes Due 2031
CHICAGO, May 12, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (the "Company") (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that its operating partnership, First Industrial, L.P., has priced a public…
First Industrial Realty Trust Announces Pricing of $450 Million of Senior Notes Due 2031 - First Industrial Realty (NYSE:FR)
CHICAGO, May 12, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (the "Company") (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that its operating partnership, First Industrial, L.P., has priced a public offering of $450 million aggregate principal amount of 5.25% senior unsecured notes due 2031 (the "Notes"). The Notes were priced at 99.265% of the principal amount and wi…
Reviewing Vornado Realty Trust (NYSE:VNO) and First Industrial Realty Trust (NYSE:FR)
Vornado Realty Trust (NYSE:VNO – Get Free Report) and First Industrial Realty Trust (NYSE:FR – Get Free Report) are both mid-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, institutional ownership, risk and valuation. Profitability This table compares […]
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