PLD · News · 20260804N

Equity Capital Raise

Prologis, Inc. · 2026-08-04 · Importance 52 · Surprise 42 · In source text

Prologis priced an underwritten public offering of 15 million shares of common stock, expected to generate approximately $2.1 billion in gross proceeds. Underwriters received an option to purchase an additional 2.25 million shares. Prologis intends to use the net proceeds for general corporate purposes, including potential acquisitions such as the proposed SEGRO combination. The offering is expected to provide funding for the SEGRO transaction and logistics and data center expansion while creating potential dilution for existing shareholders.

Key facts

• Prologis announced the pricing of an underwritten public offering of 15,000,000 shares of its common stock expecting to generate approximately $2.1 billion in gross proceeds. source
• The underwritten public offering of 15 million shares includes an option for underwriters to purchase an additional 2.25 million shares. source
• The common stock offering is anticipated to close on August 5, 2026, with J.P. Morgan and BofA Securities acting as underwriters. source

Impact estimates