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Prologis Prices C$700 Million Notes Offering

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Prologis Prices C$700 Million Notes Offering

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Prologis ( (PLD) ) has provided an update.

Prologis, L.P. announced that it has priced an offering of C$700 million in 3.600% Notes due 2032, with the issuance expected to close on October 27, 2025. The net proceeds from this offering, estimated at approximately C$693.6 million, will be used for general corporate purposes, including the repayment of existing debts. The Notes, which are senior unsecured obligations, come with specific redemption terms and restrictions on additional indebtedness and asset disposition, potentially impacting the company’s financial strategy and stakeholder interests.

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

For an in-depth examination of PLD stock, go to TipRanks’ Overview page.

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