Prologis Euro Finance LLC (PLD)

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Prologis Euro Finance LLC (PLD)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	REAL	PRCD	PLD	Prologis Euro Finance LLC	€1,250		2	USOA	Jan 23, 2023

Tranche #1Prologis Euro Finance LLC

currency

EUR

size (m)

600.000

maturity

Jan 31, 2030

type

Fixed

tenor

7.000

call

registration

SEC Registered

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

size description

re-open/tap

ipt

MS+155 a

ipt-pxd

guidance

MS+130 a

spread

120

coupon

3.875%

spread set

price

99.35700

yield

3.982%

book size (m)

1,500

peak book (m)

x-covered

2.5

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

1,500

peak book (m)

x-covered

2.5

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche #2Prologis Euro Finance LLC

currency

EUR

size (m)

650.000

maturity

Jan 31, 2043

type

Fixed

tenor

20.000

call

registration

SEC Registered

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

size description

re-open/tap

ipt

MS+215 a

ipt-pxd

guidance

MS+185 a

spread

175

coupon

4.25%

spread set

price

98.64300

yield

4.353%

book size (m)

2,250

peak book (m)

x-covered

3.46

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

2,250

peak book (m)

x-covered

3.46

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

7 yr: Book size: 1500; First Pay: 2024-01-31; Redemption: 2029-10-31; Registration: SEC Registered; Comments: EUR600m 7yr part of 2-tr snr unsec bmk SEC regd. A3/A-. BNPP/HSBC(B&D)/ING/JPM. IPTs 7yr MS+155 area. Guidance MS+130 area. Launch 600m at MS+120. Final books 1.5bn+. DBR 0% 02/2030 (86.28%) + 186.9 | DBR 3.25% 07/2042 (115.51%) + 209.8. Tax Call: Yes. Par Call: 3m. MWC: B+30. LEI: 549300MI5D1784PRQH06; 20 yr: Book size: 2250; First Pay: 2024-01-31; Redemption: 2042-07-31; Registration: SEC Registered; Comments: EUR650m 20yr part of 2-tr snr unsec bmk SEC regd. A3/A-. BNPP/HSBC(B&D)/ING/JPM. IPTs 20yr MS+215 area. Guidance MS+185 area. Launch 650m at MS+175. Final books 2.25bn+. DBR 0% 02/2030 (86.28%) + 186.9 | DBR 3.25% 07/2042 (115.51%) + 209.8. Tax Call: Yes. Par Call: 6m. MWC: B+35. LEI: 549300MI5D1784PRQH06;

Guarantor(s)

Prologis LP

Use of Proceeds

Repay indebtedness and general corporate purposes

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