New York-listed Prologis has announced the pricing of 152 million common shares in a public offering at a price of $6.60 per share. The company has granted the underwriters a 30-day option to purchase up to an additional 22.8 million shares to cover over-allotments, if any. Merrill Lynch & Co., Citi and Deutsche Bank Securities acted as joint bookrunners for the offering. The offering is expected to close on or about 14 April 2009.
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