Bank of China contributes €22.23 million Euros to €950 million Euros tranche of $3 billion USD syndicated revolving credit facility to Prologis LP and subsidiaries for general corporate purposes in 2022 (Linked to Record ID#108199)

Project narrative

On April 15, 2021, financial close was reached on a deal in which a syndicate of 28 banks — including Bank of China — entered into a $600 million USD equivalent global senior credit facility with Prologis, L.P. and its subsidiaries: PLD International Finance LP, PLD Canadian Funding U.S. LLC, AMB Canada Investments LLC, Prologis Japan LLC, Prologis Europe Finance II B.V., and Prologis UK Funding II B.V. Prologis is a U.S.-based real estate investment trust (REIT) specializing in industrial and logistics real estate. The facility matures in 3 years. The interest rate is LIBOR plus an applicable margin. The proceeds were used by the borrowers for general corporate purposes, including global financing needs, working capital, and supporting the group’s real estate activities across multiple jurisdictions. While Bank of China contributed $28,250,000 USD to the USD-denominated tranche (Record ID#108197) and €18,274,350 EUR to the euro-denominated tranche (Record ID#108198), the following lenders also participated: Bank of America, JPMorgan Chase, Citibank, PNC Bank, U.S. Bank, The Bank of Nova Scotia, BNP Paribas, Goldman Sachs Bank, Mizuho Bank, Morgan Stanley Bank, Sumitomo Mitsui Banking Corporation, MUFG Bank, HSBC Bank USA, TD Bank, Truist Bank, Wells Fargo, ING Bank, Credit Agricole, BBVA, BNY Mellon, Regions Bank, First Horizon Bank, Standard Chartered Bank, and Oversea-Chinese Banking Corporation. On June 30, 2022, financial close was reached on a deal in which a syndicate of 34 banks — including Bank of China — entered into a $2 billion USD equivalent global senior credit facility with Prologis, L.P. and its subsidiaries: PLD International Finance LP, PLD Canadian Funding U.S. LLC, AMB Canada Investments LLC, Prologis Japan LLC, Prologis Europe Finance II B.V., and PLD GBP Finance LP. Prologis is a U.S.-based real estate investment trust (REIT) focused on logistics and industrial properties worldwide. The facility matures in 4 years, and the interest rate is based on SOFR plus an applicable margin. The proceeds were used by the borrower for general corporate purposes, including working capital, refinancing, and international operational funding across North America, Europe, and Asia. While Bank of China contributed $51,605,504.59 USD (Record ID#108199)and €22,231,773.65 EUR to this loan (Record ID#108200), the following lenders also participated: Bank of America, JPMorgan Chase, Wells Fargo, Citibank, Sumitomo Mitsui Banking Corporation, The Bank of Nova Scotia, Goldman Sachs Bank, Morgan Stanley, Mizuho Bank, MUFG Bank, BNP Paribas, HSBC, TD Bank, Credit Agricole, PNC Bank, U.S. Bank, Truist Bank, Regions Bank, BBVA, Standard Chartered Bank, DBS Bank, Associated Bank, and others. On April 5, 2023, financial close was reached on a deal in which a syndicate of over 30 banks — including Bank of China — entered into a $2 billion USD equivalent global senior credit facility with Prologis, L.P. and its subsidiaries: PLD International Finance LP, PLD Canadian Funding U.S. LLC, AMB Canada Investments LLC, Prologis Japan LLC, Prologis Europe Finance II B.V., and PLD GBP Finance LP. Prologis is a U.S.-based logistics real estate investment trust operating globally. The facility matures on June 30, 2027. The interest rate is based on a floating reference rate (e.g., SOFR or EURIBOR) plus an applicable margin. The proceeds were used by the borrowers for general corporate purposes — including capital expenditures, refinancing, and operational financing across multiple international subsidiaries. While Bank of China contributed $74,461,434.87 USD (Record ID#108202) and €32,592,227.74 EUR to this facility (Record ID#108203), the following lenders also participated: Bank of America, JPMorgan Chase, Citibank, U.S. Bank, PNC Bank, Sumitomo Mitsui Banking Corporation, Goldman Sachs Bank USA, Morgan Stanley Bank, The Bank of Nova Scotia, BNP Paribas, Mizuho Bank, TD Bank, HSBC Bank USA, MUFG Bank, Truist Bank, Credit Agricole Corporate and Investment Bank, Wells Fargo Bank, Oversea-Chinese Banking Corporation, Banco Bilbao Vizcaya Argentaria (BBVA), Standard Chartered Bank, DBS Bank Ltd., Regions Bank, Associated Bank, ING Bank N.V., and Morgan Stanley Senior Funding, Inc.