Wednesday, May 02, 2007
Source: sev.prnewswire.com
First Industrial Realty Trust, Inc. (NYSE: FR) , the nation's leading source of diversified industrial real estate, today proclaimed the public providing of $150 million of 5.95% senior unsecured notes payable 2017 of its operating joint venture, First Industrial, L.P., under an existing shelf registration statement. The notes primarily presented to the public at a cost of 99.73% of their principal amount. The notes issued in fully registered form. Ensues from the sale of these note anticipated to make use of to repay existing borrowings under First Industrial's rotating recognition capability, the acquisition and growth of other properties and/or common corporate purposes. Following to the sale of these notes, First Industrial anticipates to reimburse its $150 million of 7.60% Senior Notes due 2007 budding on May 15, 2007.
First Industrial Realty Trust, Inc. (NYSE: FR) , the nation's leading source of diversified industrial real estate, today proclaimed the public providing of $150 million of 5.95% senior unsecured notes payable 2017 of its operating joint venture, First Industrial, L.P., under an existing shelf registration statement. The notes primarily presented to the public at a cost of 99.73% of their principal amount. The notes issued in fully registered form. Ensues from the sale of these note anticipated to make use of to repay existing borrowings under First Industrial's rotating recognition capability, the acquisition and growth of other properties and/or common corporate purposes. Following to the sale of these notes, First Industrial anticipates to reimburse its $150 million of 7.60% Senior Notes due 2007 budding on May 15, 2007.
posted by nisha
@ 11:24 PM
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