Business News • PR NewsWire • First Industrial Realty Trust Announces Tender Offer by First Industrial, L.P. for up to $125 Million Aggregate Principal Amount of Certain of First Industrial, L.P.'s Outstanding Notes |
First Industrial Realty Trust Announces Tender Offer by First Industrial, L.P. for up to $125 Million Aggregate Principal Amount of Certain of First Industrial, L.P.'s Outstanding Notes |
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First Industrial Realty Trust Announces Tender Offer by First Industrial, L.P. for up to $125 Million Aggregate Principal Amount of Certain of First Industrial, L.P.'s Outstanding Notes
CHICAGO, Jan. 8 /PRNewswire-FirstCall/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading provider of industrial real estate supply chain solutions, today announced the commencement of a cash tender offer by its operating partnership, First Industrial, L.P., for up to $125 million aggregate principal amount (the "Tender Cap") of First Industrial, L.P.'s outstanding 7.375% Notes due 2011, 6.875% Senior Notes due 2012, and 6.42% Senior Notes due 2014 (collectively, the "Notes"). The tender offer will expire on February 5, 2010 at 11:59 PM, New York City time, unless extended or earlier terminated (the "Expiration Time"). The terms and conditions of the tender offer are set forth in an Offer to Purchase dated January 8, 2010 (the "Offer to Purchase") and related Letter of Transmittal, which together constitute the tender offer (the "Offer").
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