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Vesta Prices Private Offering of Senior Unsecured Notes for Aggregate Principal Amount of $500 Million

BY MT Newswires | CORPORATE | 09/25/25 08:54 AM EDT

08:54 AM EDT, 09/25/2025 (MT Newswires) -- Corporacion Inmobiliaria Vesta (VTMX), known as Vesta, said Thursday it has priced a private offering of 5.500% senior unsecured notes due Jan. 30, 2033 at $500 million aggregate principal amount.

The Mexican industrial real estate development company said it intends to use net proceeds from the offering to pay down debt and for general corporate purposes.

The notes will be issued through a private placement, and resold by the initial purchasers to qualified institutional buyers and 'to certain persons in offshore transactions,' in accordance with US securities rules, the company said. The notes will be guaranteed on a senior unsecured basis by certain of Vesta's subsidiaries.

Shares of the company were down 1% in recent Thursday premarket activity.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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