Prologis Prices $280.6M Yen-Denominated Senior Unsecured Notes
PLD sits 43% above its 52-week low of $103.41 on light trading volume (0.1× avg).
Summary
Prologis priced a new ¥45 billion ($280.6 million) offering of senior unsecured notes with maturities ranging from 2030 to 2041, with proceeds allocated to debt repayment and general corporate purposes.
Key Events · Financing and Capital Events · PLD
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Pricing of Yen-Denominated Notes
Prologis Yen Finance LLC priced an offering of ¥45 billion (approximately $280.6 million) in senior unsecured notes, consisting of three tranches: ¥32.6 billion due 2030 at 2.527%, ¥3.5 billion due 2035 at 3.389%, and ¥8.9 billion due 2041 at 3.905%.
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Use of Proceeds
The estimated net proceeds of approximately $280.6 million will be used to repay borrowings under the Operating Partnership's Japanese yen revolving credit agreement and for general corporate purposes.
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Unsecured Obligation
The notes are senior unsecured obligations of Prologis Yen Finance LLC and are fully and unconditionally guaranteed by Prologis, L.P.
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Expected Closing
The issuance and sale of the notes are expected to close on June 11, 2026.
Analysis · PLD · Real Estate & Construction
Prologis, L.P. has priced a new offering of ¥45 billion (approximately $280.6 million) in senior unsecured notes across three tranches. This debt issuance finalizes the terms of an offering initiated under a shelf registration statement and is intended to repay existing Japanese yen credit facilities and for general corporate purposes. This is a significant capital raise in absolute terms, demonstrating the company's ability to access diverse capital markets for its financing needs.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 28.9% of the 1668 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PLD was trading at $147.45 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $140.4B. The 52-week trading range was $103.41 to $148.29. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.