PLD · News · 20261030N
Equity Capital Raise
Prologis, Inc. · 2026-10-30 · Importance 59 · Surprise 42
Prologis established an equity distribution agreement allowing it to issue up to $5 billion in common stock. Sales may be made through agents, as principal transactions, or through forward-sale arrangements, with sales-agent commissions capped at 1.5% of gross sales price. Prologis plans to contribute net proceeds to Prologis, L.P. in exchange for common units and use them for general corporate purposes, including acquisitions.
Key facts
- Prologis, Inc. established an equity distribution agreement for up to $5 billion in common stock. source
- Sales agents may receive commissions of up to 1.5% of the gross sales price under Prologis, Inc.'s equity distribution agreement. source
- Prologis, Inc. intends to use the net proceeds, contributed to Prologis, L.P. for common units, for general corporate purposes including acquisitions. source
- Prologis, Inc. may sell the common stock through agents, as principals, or via forward-sale arrangements. source