SAN FRANCISCO, Oct. 4, 2022 /PRNewswire/ — Prologis, Inc. (NYSE: PLD) today announced the final results from the offers to exchange outstanding notes (the “Duke Realty Notes”) of the nine series described in the table below issued by Duke Realty Limited Partnership (“Duke Realty OP”) for notes in nine corresponding series to be issued by Prologis, L.P. (“Prologis OP”) in the aggregate principal amount of up to $3.375 billion. As of 5:00 p.m., New York City time, on October 4, 2022 (the “Final Expiration Date”) and as indicated in the table below, approximately $3.23 billion aggregate principal amount of the Duke Realty Notes had been validly tendered for exchange (and not validly withdrawn).
In addition, as of the Final Expiration Date, the conditions required for the consummation of the exchange offers had been met. These conditions included, among other things, (i) receipt of the requisite consents to amend the terms of the applicable Duke Realty OP indenture governing the Duke Realty Notes and (ii) the consummation of the merger with Duke Realty Corporation, which closed on October 3, 2022. The following table shows the principal amount of each such series tendered by the Final Expiration Date. The settlement date for the exchange offers is expected to take place on or about October 6, 2022.
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Series of Notes Issued by |
CUSIP No. |
Outstanding Principal |
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