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PROLOGIS LISTS 3-YEAR, 1.5BN CNY BOND ON SINGAPORE EXCHANGE
San Francisco, March 22, 2024 -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, announces the issuance by Prologis, L.P. of a three-year bond for 1.5 billion CNY (Chinese Yuan Renminbi) denomination, or approximately $200M USD, due 2027 and bearing a coupon of 3.5%. This strategic move aligns with the company’s efforts to diversify its funding sources in the currencies in which it operates and expand its global investor base.
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