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ProLogis announces $350 million offering of 10-year senior notes
By Andrea Heisinger
Omaha, April 30 - ProLogis announced Wednesday it will issue $350 million of 10-year senior notes, according to a press release.
Pricing is expected on Thursday, markets sources said.
Citigroup Global Markets Inc., Goldman Sachs & Co. and Greenwich Capital Markets are bookrunners.
Proceeds will be used to repay a portion of the company's outstanding balance under a global line of credit and for general corporate purposes.
ProLogis is Denver-based real estate investment trust and an owner, manager and developer of industrial distribution centers.
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