secwatch.observer — SEC 8-K summary
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Issuer:     Prologis, Inc. (PLD)
CIK:        0001045609
Form:       8-K
Filed at:   2023-06-28T23:59:59+00:00
Accession:  0001104659-23-075786
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prologis L.P. prices $2.0B in notes (4.875%/5.125%/5.250%) to fund acquisition
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- Sold $750M 4.875% notes due 2028, $750M 5.125% notes due 2034, and $500M 5.250% notes due 2053.
- Net proceeds estimated at ~$1.97 billion after underwriting discount and expenses.
- Proceeds used to fund portion of real estate acquisition announced June 26, 2023 and repay credit line.
- Notes are senior unsecured; redeemable at par after applicable par call dates with make-whole premiums before those dates.
- 2053 notes reopen existing series; total outstanding 5.250% notes due 2053 become $950M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045609/000110465923075786/0001104659-23-075786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045609/000110465923075786/tm2317513d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-075786

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