| S&P | Moody's | Fitch Ratings | |
|---|---|---|---|
| Long-term Issuer | BBB- (OS) 6/3/2011 |
Baa2 (OS) 6/6/2011 |
BBB- (OS) 6/2/2011 |
| Preferred Stock | - | Baa3 (OS) 6/6/2011 |
BB (OS) 6/2/2011 |
Ratings Watch Action Legend: (WP) Watch Positive, (WN) Watch Negative, (WU) Watch Uncertain, (WR) Watch Removed, (OP) Outlook Positive, (ON) Outlook Negative, (OS) Outlook Stable, (OD) Outlook Developing
Please note: All debt is issued under Prologis, L.P. and preferred shares are issued out of Prologis, Inc.
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