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Vesta Successfully Closes US$ 500 Million Bond Transaction

BY Business Wire | CORPORATE | 09/30/25 04:49 PM EDT

MEXICO CITY--(BUSINESS WIRE)-- Corporaci?n Inmobiliaria Vesta, S.A.B. de C.V. (the ?Company? or ?Vesta?) , a fully-integrated, internally managed real estate company that owns, manages, develops and leases industrial properties in Mexico, today announced the closing of US$ 500 million aggregate principal amount of 5.500% senior unsecured notes (the ?Notes?) due 2033. The issuance received a credit rating of BBB-/Positive by both, S&P Global Ratings and Fitch Ratings.

Lorenzo D. Berho, Chief Executive Officer of Vesta, commented: ?Our successful bond offering further reinforces Vesta?s balance sheet, enabling continued execution of Vesta?s long term strategy with progress towards a fully unsecured capital structure, providing enhanced financial flexibility.? He continued, ?Our success is a testament to Vesta?s financial strength and to long-term, top-tier investors? confidence in our Company?s strategy, vision and future.?

Net proceeds from this issuance will be used to prepay existing debt, extend the Company?s maturity profile, as well as for capital expenditures related to Vesta?s Route 2030 Strategy.

The Notes were offered and sold to persons reasonably believed to be qualified institutional buyers in the United States through a private placement pursuant to Rule 144A, and outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended.

About Vesta

Vesta is a real estate owner, developer and asset manager of industrial buildings and distribution centers in Mexico. As of June 30, 2025, Vesta owned 231 properties located in modern industrial parks in 16 states of Mexico totaling an operating GLA of 41.7 million sf (3.9 million m2). Vesta has several world-class clients participating in a variety of industries such as automotive, aerospace, retail, high-tech, pharmaceuticals, electronics, food and beverage and packaging. For additional information visit: www.vesta.com.mx.

Source: Corporaci?n Inmobiliaria Vesta, S.A.B. de C.V.

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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.

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