The company said Prologis Euro Finance LLC priced a €550,000,000 offering of 4.000% Notes due 2034 on April 22, 2024, and closed the issuance and sale on May 7, 2024.

1. 01

   The company said Prologis Euro Finance LLC priced a €550,000,000 offering of 4.000% Notes due 2034 on April 22, 2024, and closed the issuance and sale on May 7, 2024.

2. 02

   The company said Prologis, L.P. priced a £350,000,000 offering of 5.625% Notes due 2040 on April 22, 2024. The notes are senior unsecured obligations of Prologis, L.P.

3. 03

   The company estimated net proceeds from the euro notes at about €546 million ($581 million) and net proceeds from the sterling notes at about £346 million ($430 million). It said it plans to use part of the proceeds to repay borrowings under its global lines of credit and the rest for general corporate purposes.

4. 04

   The company said the euro notes mature on May 5, 2034 and the sterling notes mature on May 4, 2040, and that each may be redeemed at par 100% after the Euro Par Call Date and Sterling Par Call Date, respectively. The indenture restricts, among other things, additional indebtedness and mergers.

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Original filing

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