Prologis Enters into a $3 Billion Global Credit Facility Agreement

Summary

On May 22, 2025, Prologis, L.P., a Delaware limited partnership, and its affiliates entered into a new global credit agreement with various lenders, replacing and amending the previous agreement dated June 30, 2022. The new agreement, referred to as the 2025 Global Facility, allows the borrowers to obtain loans and letters of credit up to a total of approximately $3 billion in U.S. Dollar equivalent, with an option to extend the maturity date. Prologis, Inc. is not required to guarantee the obligations of the borrowers under the new agreement unless it incurs new indebtedness not in existence as of the agreement date or guarantees new indebtedness not already guaranteed by Prologis, Inc.