Vesta prices $500 million senior notes offering due 2033

Corporación Inmobiliaria Vesta (NYSE: VTMX; BMV: VESTA) priced a $500 million offering of 5.500% senior unsecured notes due January 30, 2033, the Mexico-based industrial real estate company announced.

The notes will be issued through a private placement to qualified institutional buyers under Rule 144A and to certain persons in offshore transactions under Regulation S of the Securities Act of 1933. Certain Vesta subsidiaries will guarantee the notes on a senior unsecured basis.

The company plans to use net proceeds to repay certain debt and for capital expenditures and general corporate purposes, according to the announcement.

Vesta develops, owns and manages industrial properties in Mexico. As of June 30, 2025, the company owned 231 properties across 16 Mexican states with total operating gross leasable area of 41.7 million square feet. The company's tenant base spans automotive, aerospace, retail, technology, pharmaceutical, electronics, food and beverage, and packaging industries.

The notes have not been registered under the Securities Act and may only be offered to qualified institutional buyers or in offshore transactions to non-U.S. persons under applicable exemptions.

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