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PROLOGIS PLANS EURO BOND

JOHNSON NOMINATED TO U.S. CHIEF AGRICULTURAL TRADE NEGOTIATOR

   Prologis, a U.S. logistics company, said Thursday in London that it intends to launch a 210-million euro ($186 million) bond, via the Pan-European Industrial Properties Series 1 SA vehicle.

   The repayments which back the bond are derived from a loan secured on Prologis’s own distribution sites in the United Kingdom, France, and the Netherlands.

   The sites will remain under the control of European subsidiaries of Prologis Trust, a U.S. real estate investment trust.