Prologis, Inc. (PLD) Closes $1.17 Billion Dual-Tranche Notes Offering Due 2032 and 2037

With significant revenue and dividend growth, Prologis, Inc. (NYSE:PLD) makes our list of the 20 Best Stocks to Buy and Hold for a Lifetime.

Prologis, Inc. (PLD) Closes $1.17 Billion Dual-Tranche Notes Offering Due 2032 and 2037

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In order to raise about $1.2 billion for general business objectives, such as debt repayment and refinancing, Prologis, Inc. (NYSE:PLD), a global leader in logistics real estate, closed a $1.17 billion dual-tranche notes offering due 2032 and 2037 on September 22, 2025.

The offering comes after Prologis, Inc. (NYSE:PLD) was upgraded by BofA Securities from Neutral to Buy on September 16, with a price target lifted to $130, noting a solid five-year revenue CAGR of 19% and high-single-digit annual FFO growth potential. Data center conversions, fund business, development projects, transactions, embedded escalators, and market rent growth are some of the main growth drivers.

Prologis, Inc. (NYSE:PLD)’ strategic positioning in high-barrier, high-demand logistics markets globally, along with its robust operations and diverse customer base, supports investor confidence in its industrial real estate platform and underpins the company’s long-term growth outlook, despite difficulties in Southern California markets and refinancing headwinds.

With an emphasis on high-barrier, high-growth areas, Prologis, Inc. (NYSE:PLD) leases state-of-the-art logistics facilities to around 6,500 clients in industrial markets worldwide. It is one of the best stocks to buy.

While we acknowledge the potential of PLD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLD and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.