| From Easybourse.com: ProLogis (PLD) expects $840 million in gross proceeds this quarter from divestitures and fund contributions as the warehouse real-estate investment trust continues to focus on reducing debt.
Chief Financial Officer William E. Sullivan said that with the proceeds, the company will have slashed its debt by a quarter since Sept. 30, exceeding its goal of deleveraging by at least $2 billion by the end of the 2009. There is also no remaining debt maturing this year.........Full Article: Source
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