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Prologis Announces Pricing of C$700 Million Notes

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Prologis Announces Pricing of C$700 Million Notes

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Prologis ( (PLD) ) has shared an announcement.

Prologis, L.P., a leading entity in the logistics real estate sector, has announced the pricing of its offering of C$700 million in 3.600% Notes due 2032. The issuance is set to close on October 27, 2025, with net proceeds estimated at approximately C$693.6 million. The funds are intended for general corporate purposes, including debt repayment. The Notes, which are senior unsecured obligations, offer flexibility in redemption terms and are governed by an Indenture that restricts certain financial activities of the Operating Partnership and its subsidiaries.

The most recent analyst rating on (PLD) stock is a Buy with a $135.00 price target. To see the full list of analyst forecasts on Prologis stock, see the PLD Stock Forecast page.

Spark’s Take on PLD Stock

According to Spark, TipRanks’ AI Analyst, PLD is a Outperform.

Prologis demonstrates strong financial performance with robust cash flow and profitability margins, which are key strengths. The positive earnings call with record leasing activity and data center expansion further supports the stock’s outlook. However, the high P/E ratio suggests potential overvaluation, and rising debt levels require careful management. Technical indicators show a positive trend, but the valuation remains a concern.

To see Spark’s full report on PLD stock, click here.

More about Prologis

Average Trading Volume: 3,391,736

Technical Sentiment Signal: Buy

Current Market Cap: $120.3B

Learn more about PLD stock on TipRanks’ Stock Analysis page.

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