AI English summary of an SEC filing — figures as filed
Prologis said on March 26, 2026 it entered into an Amended and Restated Global Senior Credit Agreement (the 2026 Global Facility), with borrowing and letter of credit capacity of approximately $3,000,000,000 in U.S. Dollar equivalent, subject to an accordion increase of up to $1,000,000,000.
Key points
AI summaryPrologis said on March 26, 2026 it entered into an Amended and Restated Global Senior Credit Agreement (the 2026 Global Facility), with borrowing and letter of credit capacity of approximately $3,000,000,000 in U.S. Dollar equivalent, subject to an accordion increase of up to $1,000,000,000.
The company said the 2026 Global Facility consists of two tranches as of the closing date: a U.S. Dollar Tranche of $2,000,000,000 and a Euro Tranche of €864,229,539.33.
Prologis said the 2026 Global Facility matures on June 28, 2030 and may be extended for 6 months on two occasions, subject to payment of an extension fee. As of the closing date, the spread was 65 basis points and varies based on the public debt ratings of the Operating Partnership.
The company said the Operating Partnership unconditionally guarantees all obligations of each other borrower, and the cross-acceleration provision applies to other recourse indebtedness exceeding $150,000,000. On the same day, it also entered into a First Amendment to the 2025 Global Facility.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
2026 Global Facility Entered Into: Approximately $3,000,000,000 Capacity
Prologis said on March 26, 2026 it entered into an Amended and Restated Global Senior Credit Agreement (the 2026 Global Facility), with borrowing and letter of credit capacity of approximately $3,000,000,000 in U.S. Dollar equivalent, subject to an accordion increase of up to $1,000,000,000.
Source · Based on the filing body and exhibits
U.S. Dollar Tranche and Euro Tranche Structure
The company said the 2026 Global Facility consists of two tranches as of the closing date: a U.S. Dollar Tranche of $2,000,000,000 and a Euro Tranche of €864,229,539.33.
Source · Based on the filing body and exhibits
Maturity on June 28, 2030; Pricing Tied to Credit Ratings
Prologis said the 2026 Global Facility matures on June 28, 2030 and may be extended for 6 months on two occasions, subject to payment of an extension fee. As of the closing date, the spread was 65 basis points and varies based on the public debt ratings of the Operating Partnership.
Source · Based on the filing body and exhibits
Guarantee Terms and 2025 Global Facility Amendment
The company said the Operating Partnership unconditionally guarantees all obligations of each other borrower, and the cross-acceleration provision applies to other recourse indebtedness exceeding $150,000,000. On the same day, it also entered into a First Amendment to the 2025 Global Facility.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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