Denver-based logistics operator Prologis said it has closed on a $106 mln financing with a syndicate of four banks, comprising Bank of America, RBOS/ABN Amro, Sumitomo Mitsui and Bank of China. The company said the financing facility will mature by end-November 2011. Banc of America Securities served as sole lead arranger on the refinancing.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
