Company: FR
Filing Date: 2025-08-21
Form Type: 424B5
Source: 0000921825-25-000095
Chunk: 28

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-08-21
Form: 424B5
Chunk 28
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 revolving credit facility and under one or more of our unsecured term loans. As of June 30, 2025, borrowings of approximately $24,000 were outstanding under our revolving credit facility, borrowings of $300,000 were outstanding under our unsecured term loan maturing on August 12, 2025, borrowings of $425,000 were outstanding under our unsecured term loan maturing on October 18, 2027 and borrowings of $200,000 were outstanding under our unsecured term loan maturing on March 17, 2028. To the extent that we use the net proceeds of this offering to repay outstanding indebtedness under our unsecured revolving credit facility or unsecured term loans, these Sales Agents and/or their affiliates will receive their pro rata portion of such payments.

In addition, in the ordinary course of their business activities, the Sales Agents, the Forward Sellers and the Forward Purchasers and their respective affiliates may make or hold a broad array of investments and actively trade debt and equity securities (or related derivative securities) and financial instruments (including bank loans) for their own account and for the accounts of their customers. Such investments and securities activities may involve securities and/or instruments of ours. The Sales Agents and the Forward Purchasers and their respective affiliates may also make investment recommendations and/or publish or express independent research views in respect of such securities or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and instruments.

Wells Fargo Securities, LLC, a Sales Agent under this offering, has also acted as our agent from time to time in connection with the periodic market repurchases of various amounts of our outstanding senior unsecured notes.

In addition, from time to time the Sales Agents and their affiliates may effect transactions for their own account or the accounts of their customers, and hold on behalf of themselves or their customers, long or short positions in our debt, equity securities or loans and may do so in the future.

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If we enter into a forward sale agreement with any Forward Purchaser, we expect that such Forward Purchaser (or its affiliate) will attempt to borrow from third parties and sell, through the relevant Forward Seller, shares of our common stock to hedge such Forward Purchaser’s exposure under such forward sale agreement. All of the net proceeds from the sale of any such borrowed shares will be paid to the applicable Forward Purchaser (or one or more of its affiliates). Each Forward