Prologis, Inc. Announces Pricing of a 30M Share Offering at $33.50/Share

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Prologis, Inc.
PLD
today announced the pricing of 30 million shares of its common stock in a public offering at a price of $33.50 per share. Prologis has granted the underwriters a 30-day option to purchase up to an additional 4.5 million shares of its common stock to cover over-allotments, if any. BofA Merrill Lynch, J.P. Morgan, Citi, Deutsche Bank Securities, Goldman, Sachs & Co. and Morgan Stanley acted as joint bookrunners for the offering. Subject to customary conditions, the offering is expected to close on or about June 28, 2011. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the common stock in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
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