Prologis said Prologis Euro Finance LLC and Prologis, L.P. closed the issuance and sale of €500,000,000 aggregate principal amount of 3.250% Notes due 2032 and €500,000,000 aggregate principal amount of 3.875% Notes due 2037 on September 22, 2025.

1. 01

   Prologis said Prologis Euro Finance LLC and Prologis, L.P. closed the issuance and sale of €500,000,000 aggregate principal amount of 3.250% Notes due 2032 and €500,000,000 aggregate principal amount of 3.875% Notes due 2037 on September 22, 2025.

2. 02

   The company estimated the net proceeds from the sale of the Notes, after the underwriters' discounts and offering expenses, at approximately €989.2 million ($1.2 billion, based on the euro/U.S. dollar rate of exchange as of September 5, 2025), and said it intends to use such net proceeds for general corporate purposes, including to repay, repurchase or tender for other indebtedness.

3. 03

   Prologis said the 2032 Notes will bear interest at a rate of 3.250% per annum and mature on September 22, 2032, the 2037 Notes will bear interest at a rate of 3.875% per annum and mature on September 22, 2037, and each series of Notes will be senior unsecured obligations of the Issuer and will be fully and unconditionally guaranteed by the Operating Partnership.

4. 04

   The company said that prior to the Applicable Par Call Date, each series of Notes will be redeemable at a redemption price equal to the greater of 100% of the principal amount or the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date on an annual basis at the applicable Comparable Government Rate Bond plus 15 basis points in the case of the 2032 Notes or 20 basis points in the case of the 2037 Notes, and that on or after the Applicable Par Call Date, each series of Notes will be redeemable at a redemption price equal to 100% of the principal amount.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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