Form 8-K · Current Report · Filed 2025-05-23
Prologis Enters into a $3 Billion Global Credit Facility Agreement
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.
- Filer
- PLD PLD
- Filed
- Accession
- 0001193125-25-125882
- CIK
- 0001045609
- Signal
- Medium impact
- Source
- Official filing on sec.gov ↗
Details
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.
Items reported
Entry into a Material Definitive Agreement
Creation of a Direct Financial Obligation
Financial Statements and Exhibits
Market reaction
Close before filing
$105.09
Next session
+1.5%
Since filing
+37.6%
Latest close
$144.61
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from PLD reporting the same item, with the next session's move:
Exhibits (2)
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