ProLogis prices $300 million of seven-year notes to yield 5%

By Andrea Heisinger

New York, Oct. 12 - ProLogis International Funding has priced $300 million of seven-year notes on Friday to yield 5%, an informed source said.

Terms were not immediately available for the deal.

The offering had been announced on Wednesday. Pricing was done under Rule 144A and Regulation S without registration rights.

Bookrunners were Bank of America Merrill Lynch, Citigroup Global Markets Inc. and RBS Securities Inc.

The unit of the real estate investment trust for industrial properties is based in Denver.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.