Prologis Secures $3 Billion Global Credit Facility

The latest update is out from Prologis ( (PLD) ).

On May 22, 2025, Prologis, L.P. and its affiliates entered into an Amended and Restated Global Senior Credit Agreement with various lenders and Bank of America, N.A. as the Global Administrative Agent. This agreement, known as the 2025 Global Facility, allows the company to obtain loans and issue letters of credit up to $3 billion, with the possibility of increasing this by an additional $1 billion. The facility includes a U.S. Dollar Tranche and a Euro Tranche, and is set to mature on June 29, 2029, with options for two six-month extensions. The agreement includes customary financial covenants and guarantees, and its terms are influenced by the public debt ratings of the Operating Partnership.

The most recent analyst rating on (PLD) stock is a Buy with a $134.00 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’ strong financial performance and strategic corporate actions are key strengths. However, technical indicators show potential bearish momentum, and valuation is on the higher side. Mixed sentiment from the earnings call suggests caution amidst market uncertainties.

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

More about Prologis

Average Trading Volume: 5,223,015

Technical Sentiment Signal: Sell

Current Market Cap: $99.89B

For a thorough assessment of PLD stock, go to TipRanks’ Stock Analysis page.