Prologis enters $3 billion amended global senior credit facility maturing June 2029
Prologis's operating partnership and affiliates signed an amended and restated global senior credit agreement on May 22, 2025, allowing revolving borrowings and letters of credit of up to about $3 billion, with an option to add $1 billion more. The facility matures June 29, 2029, with possible extensions, and the filing says Prologis, Inc. is not required to guarantee the borrowers' obligations unless its own debt or guarantees change. The filing reports no earnings or guidance, so it is a routine refinancing of existing credit lines.
Key points
- Facility size: about $3 billion, with two tranches: $2 billion U.S. Dollar and €895.7 million Euro
- Maturity: June 29, 2029, extendable by six months twice, to December 28, 2029 and June 28, 2030
- Pricing spread over benchmark rate was 69 basis points at closing; a Second Amendment conforms the 2023 facility to the new terms
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 23, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.