Prologis Enters $3 Billion Global Credit Agreement

Prologis ( (PLD) ) has shared an update.

On May 22, 2025, Prologis, L.P. and its affiliates entered into an Amended and Restated Global Senior Credit Agreement, known as the 2025 Global Facility, with various lenders and Bank of America, N.A. This agreement allows Prologis to obtain loans and issue letters of credit up to $3 billion, with the facility maturing in 2029 and options to extend. The agreement includes two tranches in U.S. Dollars and Euros, and its terms are influenced by Prologis’ public debt ratings. This strategic financial move is expected to enhance Prologis’ operational flexibility and strengthen its position in the logistics real estate market.

The most recent analyst rating on (PLD) stock is a Buy with a $134.00 price target. To see the full list of analyst forecasts on Prologis stock, see the PLD Stock Forecast page.

Spark’s Take on PLD Stock

According to Spark, TipRanks’ AI Analyst, PLD is a Outperform.

Prologis’ strong financial performance and strategic corporate actions are key strengths. However, technical indicators show potential bearish momentum, and valuation is on the higher side. Mixed sentiment from the earnings call suggests caution amidst market uncertainties.

To see Spark’s full report on PLD stock, click here.

More about Prologis

Prologis, L.P. operates in the real estate industry, primarily focusing on logistics real estate. The company provides warehouses and distribution centers, serving as a critical infrastructure for global trade and supply chain operations.

Average Trading Volume: 5,223,015

Technical Sentiment Signal: Sell

Current Market Cap: $99.89B

For an in-depth examination of PLD stock, go to TipRanks’ Stock Analysis page.