New Issue-ProLogis sells $350 mln in 5-yr notes

Tue Aug 11, 2009 4:43pm EDT

 Aug 11 (Reuters) - ProLogis (PLD.N) on Tuesday sold $350
million of notes in the 144a private placement market, said
IFR, a Thomson Reuters service.
 Barclays, Morgan Stanley, JP Morgan, and RBS were the joint
bookrunning managers for the sale.
BORROWER: PROLOGIS
AMT $350 MLN      COUPON 7.625 PCT    MATURITY 8/15/2014 
TYPE NOTES        ISS PRICE 99.489    FIRST PAY 2/15/2010
MOODY'S Baa2      YIELD 7.75 PCT      SETTLEMENT 8/14/2009
S&P BBB-MINUS     SPREAD 507.4 BPS    PAY FREQ SEMI-ANNUAL
FITCH BBB          MORE THAN TREAS    NON-CALLABLE       

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