Prologis issues EUR 300 mln bond

US warehousing developer Prologis has announced that Prologis International Funding II, a wholly-owned subsidiary of Prologis European Properties Fund II (PEPF II), has issued a EUR 300 mln unsecured bond on the Euro bond market.


30 October 2013
Monika Rykowska

The bond has a coupon rate of 2.75 pct and is guaranteed by PEPF II. This is the first issuance of unsecured notes under Prologis International Funding II’s Guaranteed Euro Medium Term Note Programme. The net proceeds will be used for the repayment of debt, asset acquisitions and general working capital requirements. The expiry date of the bond falls in 2018. At the end of June 2013, PEPF II owned more than 220 properties covering 5.2 mln sqm in twelve European countries.

Source: Eurobuild.

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Monika Rykowska
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+48 725 900 100
monika.rykowska@axiimmo.com

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Monika Rykowska
PR & Marketing Director
+48 725 900 100
monika.rykowska@axiimmo.com