LXP Industrial Trust (LXP Industrial Trust) Variable Rate Debt (USD Mil) : 0.00 (As of . 20)

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What is LXP Industrial Trust Variable Rate Debt (USD Mil)?

In the railway industry, Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The historical rank and industry rank for LXP Industrial Trust's Variable Rate Debt (USD Mil) or its related term are showing as below:

LXP Industrial Trust Variable Rate Debt (USD Mil) Historical Data

The historical data trend for LXP Industrial Trust's Variable Rate Debt (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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LXP Industrial Trust Variable Rate Debt (USD Mil) Chart

LXP Industrial Trust (NYSE:LXPpC.PFD) Variable Rate Debt (USD Mil) Explanation

Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The variable interest rate fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically with the market. So, variable interest debt is not as good as fixed-rate debt because the company cannot benefit from inflation. But in some conditions, a company might experience lower borrowing costs or reduce the impact of volatile investment earnings by issuing variable rate securities.

LXP Industrial Trust Variable Rate Debt (USD Mil) Related Terms

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LXP Industrial Trust (LXP Industrial Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LXP Industrial Trust (NYSE:LXPpC.PFD) » Definitions » Variable Rate Debt (USD Mil)

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Traded in Other Exchanges

LXP:USA

Address

One Penn Plaza, Suite 4015, New York, NY, USA, 10119-4015

Website

https://www.lxp.com

LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.