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Prologis, Inc.
PLD today announced that it has recast or amended approximately $2.2 billion in senior credit agreements.
Prologis entered into a $1.75 billion global senior credit agreement with a syndicate of 20 banks. An accordion feature will allow Prologis to increase the credit facility to $2.75 billion, subject to obtaining additional lender commitments.
Prologis entered into a JPY36.5 billion (approximately $456 million US dollar equivalent) third amended and restated revolving credit agreement with a syndicate of 8 banks.
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