Prologis prints green bonds in Mexico

Prologis prints green bonds in Mexico

Corporate & Sovereign Strategy Bonds Debt Fixed Income Mexico ESG Green Bonds Capital Markets

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. BBV

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