---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-097289"
form_type: "8-K"
ticker: "PLD"
cik: "0001045609"
company_name: "Prologis, Inc."
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T00:54:36.473075+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Prologis enters JPY58.5B yen revolver, maturing Aug 2027, with sustainability pricing

## Summary
- Prologis L.P. guarantees JPY58.5B revolver (expandable to JPY75.0B) for Japanese subsidiary.
- Spread set at 34 bps over TIBOR; margin adjusts based on LEED certification and solar metrics.
- Maturity August 25, 2027, with one-year extension option upon fee payment.
- Cross-acceleration triggered if recourse debt exceeds USD150M.
- Prologis, Inc. not a guarantor unless it later guarantees other debt.

## SEC filing metadata
- accession: 0001104659-23-097289
- form_type: 8-K
- ticker: PLD
- cik: 0001045609
- company_name: Prologis, Inc.
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045609/000110465923097289/0001104659-23-097289-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045609/000110465923097289/tm2325270d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-097289
- JSON: https://secwatch.observer/filing/0001104659-23-097289.json
- Plain text: https://secwatch.observer/filing/0001104659-23-097289.txt

## Key facts
- Debt Financings
  Prologis, Inc. amended revolving credit of JPY58.5 billion with Sumitomo Mitsui Banking Corporation at spread over TIBOR ... 34 basis points maturing August 25, 2027.
  - Instrument: revolving credit
  - Principal: JPY58.5 billion
  - Counterparty: Sumitomo Mitsui Banking Corporation
  - Rate: spread over TIBOR ... 34 basis points
  - Maturity: August 25, 2027
  - Event: amendment
  source text: to the Yen Revolver, the borrowers thereunder may obtain loans and/or procure the issuance of letters of credit on a revolving basis in an aggregate amount not exceeding JPY58.5 billion. The Operating Partnership may increase the availability under the Yen Revolver to an amount not exceeding JPY75.0 billion by adding additional lenders to the facility or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045609/000110465923097289/0001104659-23-097289-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.