SECURITIES AND EXCHANGE COMMISION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 19, 2003
LEXINGTON CORPORATE PROPERTIES TRUST
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(Exact Name of Registrant as specified in its charter)
Maryland 1-12386 13-3717318
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
355 Lexington Avenue, New York, New York 10017
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code:
(212) 692-7260
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Not Applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events
On August 19, 2003, Lexington Corporate Properties Trust, a Maryland
statutory real estate investment trust ("Lexington"), expanded its unsecured
credit facility from $60 million to $100 million. The credit facility, which
matures in August 2006, is provided by Fleet National Bank, as administrative
agent, Wachovia Bank, National Association, as syndication agent, Sovereign Bank
and Branch Banking and Trust Company and bears interest at a rate of 150-250
basis points above LIBOR, depending on the number of properties Lexington owns
free and clear of mortgage debt.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Not applicable
(b) Not applicable
(c) Exhibits
99.1 Press Release of Lexington Corporate Properties Trust
dated September 2, 2003, announcing the expansion of
its unsecured credit facility.
99.2 Senior Unsecured Revolving Credit Agreement, dated as
of August 19, 2003, by and among Lexington, Lepercq
Corporate Income Fund L.P., Lepercq Corporate Income
Fund II L.P., and Net 3 Acquisition L.P. in favor of
the institutions from time to time party hereto as
lenders; the institutions from time to time to party
hereto as issuing banks; and Fleet National Bank (as
administrative agent) and Wachovia Bank, National
Association (as syndication agent).
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
By: Lexington Corporate Properties Trust
Date: September 9, 2003 By: /s/ Patrick Carroll
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Patrick Carroll
Chief Financial Officer