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RPT-Fitch Rates Prologis, L.P.'s EUR700MM 3% Notes Due 2022 'BBB'; Outlook Stable

n">Nov 27 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings assigns a credit rating of 'BBB' to the EUR700 million aggregate principal amount of guaranteed notes issued by Prologis, L.P., the operating partnership of Prologis, Inc. (NYSE: PLD; collectively including rated subsidiaries; Prologis or the company). The 2022 notes have an annual coupon rate of 3% and were priced at 99.483% of the principal amount to yield 3.072% to maturity or 167.4 basis points (bps) over the benchmark rate. The notes are senior unsecured obligations of Prologis, L.P. that are fully and unconditionally guaranteed by Prologis, Inc. The company intends to use a portion of the...

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