Lexington Corporate Properties Trust, New York, has expanded its unsecured credit facility from $60 million to $100 million.The new credit facility, which matures in August 2006 (with a one-year extension option), bears interest at a rate of 150-250 basis points over the London interbank offered rate, depending on the number of properties Lexington owns free and clear of mortgage debt, the company said. The real estate investment trust can be found on the Web at http://www.lxp.com.
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