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Prologis to price €500 million of 12-year green notes
By Rebecca Melvin
New York, March 9 – Prologis International Funding II SA is offering €500 million of 12-year green notes with initial price talk in the area of mid-swaps plus 90 basis points, according to a market source on Tuesday.
The notes (expected ratings: A3/A-) are guaranteed by Prologis European Logistics Fund, FCP-FIS.
They have a make-whole call and a par call.
BNP Paribas, Credit Agricole, Deutsche Bank and J.P. Morgan are joint bookrunners of the Regulation S deal, which is expected to settle on March 23.
The logistics real estate company based in San Francisco.
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