May 4, 2021 |
Fibra Prologis, the Mexican division of US real estate investment trust (REIT) Prologis, said it sold $70 million worth of 10-year dollar-denominated green bonds in the local market at a fixed rate 3.73%.
Prologis closed the order books on Friday, offering to pay 210 basis points over the US Treasury rate of 1.63%, it said in a securities filing. It plans to issue the bonds on Tuesday, it added.
In late March, the company said it planned to issue roughly $140 million worth of 13-year bonds.
US REIT places $70 mln in 10-year notes to extend debt maturities