debt
confidence high
sentiment neutral
materiality 0.45
Prologis L.P. issues C$750M of 4.200% notes due 2033
Prologis, Inc.
- C$750M aggregate principal of 4.200% senior unsecured notes maturing Feb 15, 2033.
- Net proceeds estimated at approximately C$742.6M after underwriter discount and expenses.
- Proceeds for general corporate purposes, including repayment of credit lines and other debt.
- Underwriters: Scotia Capital Inc. and TD Securities Inc.; notes priced on Jan 28, 2025.
- Notes redeemable at par after Nov 15, 2032 (Par Call Date), or earlier at make-whole premium.