Prologis plans to issue dollar-denominated fixed-rate notes

By Devika Patel

Knoxville, Tenn., Feb. 4 – Prologis, LP plans to sell dollar-denominated fixed-rate notes, according to a 424B3 filing with the Securities and Exchange Commission.

The notes will have a make-whole call and a par call.

Bookrunners for the offering are BofA Securities Inc., Morgan Stanley & Co. LLC, U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC.

Proceeds will be used to redeem the company’s 3.75% notes due 2025 with the remainder used for general corporate purposes, including debt repayment.

Prologis is a logistics real estate company based in San Francisco.

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