David Hayes

IPTs: Mileway Europe EUR Benchmark 4-year + 7-year - IPTs - market sources------------------------------------------------------------------------------ Issuer: Mileway EUR Lux Holdco S. r.l. (Ticker: MILEWY; Country: LUX) Guarantors: Mileway EUR Lux Bidco S. r.l. Issuer LEI: 213800PN1NF2W1ACOG21 Issuer Rating: Baa2 (Stable) by Moody's Issue Rating: Baa2 by Moody's Ranking and Form: Senior, Unsecured, Registered form Format: Reg S Only, Category 1 Pricing Date: 8 July 2026 Settlement Date: 15 July 2026 (T+5) Title: 4-year FXD 7-year FXD Size: Benchmark Benchmark Maturity: 15 July 2030 15 July 2033 ISIN: XS3439307045 XS34393071283 IPTs: MS + 135 area MS + 170-175 Coupon: FXD, Annual, Act/Act FXD, Annual, Act/Act (ICMA) (ICMA) MWC: Yes Yes Par call: 2 month 3 month Early Redemption: Make-Whole Redemption (in part, applicable), Clean-Up Call at par (80%), Change of Control Put at 101%, Asset Sale Put at 101%, Tax Call at par UoP: Proceeds will be used for repayment of existing indebtedness, transaction cost and expenses and/or general corporate purposes Denominations: EUR 100k + EUR 1k Covenants: Debt incurrence permitted when: Leverage Ratio 60% Secured Debt Test 40% Fixed Charge Cover Ratio 1.5x Unencumbered Assets Test 125% See the Base Listing Particulars for further information. Target Market: Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels) No EEA PRIIPs key information document (KID) or UK PRIIPs KID/CCI product summary has been prepared as not available to retail in EEA or UK Selling Restrictions: As set out in Base Listing Particulars dated 3 July 2026 Sales into Canada: Offers/sales into Ontario/Alberta/British Columbia only, subject to compliance with applicable law Documentation: Under the Issuer's 10,000,000,000 Euro Medium Term Note Programme, established pursuant to the base listing particulars dated 3 July 2026 (the "Base Listing Particulars") https://live.euronext/en/product/bonds-detail/376 70/documents Governing Law / Listing: English Law / Euronext Dublin GEM Dealroadshow: URL: https://dealroadshow.finsight; Entry Code: MILEWAY2026 or direct link https://dealroadshow.finsight/e/MILEWAY2026 Billing & Delivery: Goldman Sachs International Global Coordinators: Goldmans Sachs International, JP Morgan, Citi Bookrunners: BNP Paribas, BofA Securities, Citi, Crdit Agricole CIB, Goldman Sachs International, ING, JP Morgan, RBC Capital Markets, Standard Chartered Bank, Wells Fargo Securities Timing: Books Open, Today's Business

Prologis is arguing that: * PLD has a large and established Data Centre proposition. 5.8GW with 10+GW potential. More experienced, well-staffed, better-capitalised. * SEGRO's JV model dilutes shareholder returns. Moreover, high project leverage (70% loan-to-cost) increases financial risk. * SGRO's earnings growth is forecast to be only 4.7% vs 7.1% for European peers. * PLD is potentially offering a substantial upfront premium and long-term value proposition via participation in the combined group. * Urges shareholders to encourage the Board to engage with PLD.

Spreads tightened 1.4bps despite market volatility

Cash spreads tightened 1.4bps despite renewed U.S-Iran exchanges and primary pricing cheaper for choice.

* Mandating banks for a $ Multi-tranche Senior Unsecured deal. * Investor calls taking place today. * BofA Securities and Deutsche Bank as global coordinators and Barclays, BofA Securities, Deutsche Bank, Goldman Sachs & Co. LLC, JPMorgan and Morgan Stanley as active joint bookrunners.

A new era for the Ella Curran Food was celebrated July 7 with a ceremonial great breaking for their new facility at 750 Airport Road in Independence.

David Neumann first picked up a guitar when he turned 12 years old and never let up.

* PLD understandably could not comment on the Segro bid on yesterday's conference call. It is subject to UK Takeover rules. * The Put Up or Shut Up deadline for a formal bid is 22nd July. * After yesterday's 4.4% rally, PLD's mooted offer of 0.084 shares currently equates to 935p vs 890p market price.

Cash spreads widened only 0.6bps despite renewed macro concerns.

On July 18-19, the streets around the Polk County Courthouse will be rumbling with a new event sure to attract more than just the participants.