The presentation covers debt, activities within company' funds as well as future earnings upside

ProLogis has declared fourth quarter dividend of $0.15 per common share, payable on November 30, 2009, to shareholders of record on November 16, 2009.

ProLogis announced that it has priced an offering of $600 million aggregate principal amount of fixed-rate senior notes. The fixed-rate senior notes will be due October 30, 2019, have an annual coupon rate of 7.375% and were priced at 99.728% of the principal amount to yield 7.414% to maturity. The sale of the fixed-rate notes is expected to close on October 30, 2009, subject to customary closing conditions. The fixed-rate senior notes are senior obligations of ProLogis. The company plans to use the proceeds from the sale of the notes to repay a portion of the outstanding balance under its global line of credit and for general corporate purposes, which may include the repayment or repurchase of other indebtedness. Banc of America Securities LLC, Citi, and Goldman, Sachs & Co. acted as Joint Book-Running Managers for the offering.