SAN FRANCISCO-Prologis L.P., an operating subsidiary of Prologis Inc., has launched two cash tender offers for specified series of its outstanding debt. The terms and conditions of the Tender Offers are described in Prologis' Offer to Purchase and the related Letter of Transmittal, each dated today.
One series of notes will be due in 2019 and the other series will be due in 2023. The notes will be senior unsecured obligations of the Operating Partnership and will be fully and unconditionally guaranteed by Prologis, Inc. The aggregate principal amounts and coupon rates of the notes will be determined at the time the notes are sold to investors. The offering will be made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission.

In the short term, the Operating Partnership intends to use the net proceeds from the sale of the notes to repay borrowings under its global line and to fund the cash purchase of certain senior notes that are tendered pursuant to its offers to purchase such notes, which commenced on August 8, 2013.
A copy of the prospectus supplement and prospectus relating to these securities may be obtained, when available, by contacting Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or telephone: 800-831-9146, or email: batprospectusdept@citi.com; Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282.

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Prologis Makes Debt Tender Offers

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