Legal DealFolio - ProLogis Notes Exchange Offers

Shearman & Sterling represented Citigroup Global Markets Inc. and RBS Securities Inc. as dealer managers in connection with exchange offers of various series of notes of Prologis, L.P. (formerly AMB Property, L.P.) for certain series of outstanding notes issued by ProLogis, conducted in connection with, and subject to the consummation of, a merger of equals between ProLogis and AMB Property Corporation. The combined company is now known as Prologis, Inc. Concurrently with the exchange offers, Citigroup Global Markets Inc. and RBS Securities Inc. acted as solicitation agents on behalf of the combined company, for the solicitation of consents from the holders of the ProLogis notes to certain proposed amendments to the relevant ProLogis notes indenture. The exchange offers closed on June 8, 2011. Prologis, Inc., is a leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. As of March 31, 2011, on a pro forma basis giving effect to the merger, Prologis owned or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total more than 600 million square feet (55.7 million square meters) in 22 countries. The company leases modern distribution facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises. The Shearman & Sterling team advising the dealer managers included partner Larry Crouch (Palo Alto-Tax); counsels Brad Kern (San Francisco-Capital Markets), Jason Pratt (New York-Real Estate/Environmental) and Sharon Lippett (New York-Executive Compensation & Employee Benefits); and associates Dave Rao (New York-Capital Markets), Jesse Cuevas (New York-Capital Markets), Nathan Mee (San Francisco-Capital Markets), Ellen Shiels (New York-Capital Markets), Dorothea Athanasiadou (New York-Capital Markets), Luna Bloom (New York-Capital Markets), Anil Kalia (Palo Alto-Tax) and Seth Kerschner (New York-Real Estate/Environmental).

Deal Date:	15-07-2011	Practice Area:	Debt Capital Markets
Deal Title:	ProLogis Notes Exchange Offers	Industry:	Real Estate Investment & Services
Description:	Shearman & Sterling represented Citigroup Global Markets Inc. and RBS Securities Inc. as dealer managers in connection with exchange offers of various series of notes of Prologis, L.P. (formerly AMB Property, L.P.) for certain series of outstanding notes issued by ProLogis, conducted in connection with, and subject to the consummation of, a merger of equals between ProLogis and AMB Property Corporation. The combined company is now known as Prologis, Inc. Concurrently with the exchange offers, Citigroup Global Markets Inc. and RBS Securities Inc. acted as solicitation agents on behalf of the combined company, for the solicitation of consents from the holders of the ProLogis notes to certain proposed amendments to the relevant ProLogis notes indenture. The exchange offers closed on June 8, 2011. Prologis, Inc., is a leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. As of March 31, 2011, on a pro forma basis giving effect to the merger, Prologis owned or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total more than 600 million square feet (55.7 million square meters) in 22 countries. The company leases modern distribution facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises. The Shearman & Sterling team advising the dealer managers included partner Larry Crouch (Palo Alto-Tax); counsels Brad Kern (San Francisco-Capital Markets), Jason Pratt (New York-Real Estate/Environmental) and Sharon Lippett (New York-Executive Compensation & Employee Benefits); and associates Dave Rao (New York-Capital Markets), Jesse Cuevas (New York-Capital Markets), Nathan Mee (San Francisco-Capital Markets), Ellen Shiels (New York-Capital Markets), Dorothea Athanasiadou (New York-Capital Markets), Luna Bloom (New York-Capital Markets), Anil Kalia (Palo Alto-Tax) and Seth Kerschner (New York-Real Estate/Environmental).
Financial Center:	Silicon Valley	Value:	100.01-500.00
Advised Party:	Dealer-Managers 2	Law Firm	Shearman & Sterling
Issuer Jurisdiction	United States	Listing Jurisdiction	Switzerland,United States
Classification:	Bond Repurchase and Exchange Schemes Exchange Offers	Lawyer	Laurence E Crouch

Practice Areas -

Debt Capital Markets Law Firms and Lawyers

Practice Areas - Debt Capital Markets Law Firms and Lawyers