Fitch rates Fibra Prologis notes BBB

Fitch Ratings said it assigned a BBB rating to Fibra Prologis’ (Fideicomiso Irrevocable 1721 Banco Actinver, SA, Institucion de Banca Multiple, Grupo Financiero Actinver, Division Fiduciaria) proposed senior unsecured notes issuance.

Fitch currently rates Fibra Prologis's long-term foreign and local currency issuer default ratings BBB and national long-term rating AAA(mex).

The amount and tenor of the proposed green senior notes issuance are expected to be in the $125 million to $300 million range and up to 20 years, respectively.

Proceeds will be used primarily for debt substitution.

The outlook is stable.

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