Prologis Revamps $2.2B Loan Agreements

Prologis has made changes to $2.2 billion in senior credit deals.

Prologis has made changes to $2.2 billion in senior credit deals. The global industrial property specialist has entered a $1.75 billion global senior credit agreement with a group of 20 banks. The company will have an option to increase the credit facility to $2.75 billion, subject to obtaining additional lender commitments. Separately, Prologis has also entered a $456 million revolving credit agreement with a group of eight banks.

Click here for the release from PR Newswire.