ProLogis signs two new revolvers

ProLogis, the industrial property company, has closed on Eu125m of revolving credit facilities for its subsidiaries in two deals that could be increased to a total of Eu300m, depending on additional commitments from lenders.

  • 20 Aug 2010

The deals are a Eu50m revolver for ProLogis European Properties (PEPR) and a Eu75m revolver on behalf of ProLogis European Properties Fund II (PEPF II).

Both facilities have tenors of three years and are unsecured.

Deutsche Bank, Morgan Stanley and Royal Bank of Scotland arranged the Eu50m revolver which ...

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