<< Read Full Article
<< Read Full Article
ProLogis Closes On $347 Million In Secured Loans
Stock quotes in this article:
PLD
- Loading Comments...
DENVER (AP) — Distribution-facility owner ProLogis said Thursday it has closed on three secured loans totaling $347 million that it will use to pay off other corporate debt.
Denver-based ProLogis said it closed on the loans with two major life insurance companies. ProLogis did not identify the companies in a news release.
Two of the loans, totaling $245 million, are 10-year, interest-only loans, with ProLogis putting up 50 properties in 13 markets as security. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,452.00 | 1,107.93 | 2,201.05 | 36.03 |
Oil *
72.08
|
|
DOWN
49.05
|
DOWN
6.18
|
DOWN
11.05
|
UP
0.57
|
10 Yr
3.60%
SPDR Gold
110.21
|
|
-0.47%
|
-0.55%
|
-0.50%
|
+1.61%
|
Data delayed 20 minutes |
Connect with TheStreet