Vesta plans private offering of senior unsecured notes

MEXICO CITY - Mexican industrial real estate company Vesta (NYSE:VTMX; BMV:VESTA), a $2.18 billion market cap firm with a "GOOD" financial health rating according to InvestingPro, announced Monday its intention to offer senior unsecured notes in a private placement to qualified institutional buyers.

The notes will be offered to qualified institutional buyers under Rule 144A of the Securities Act of 1933 and to non-U.S. persons outside the United States under Regulation S, according to a company press release.

Vesta said certain subsidiaries will guarantee the notes on a senior unsecured basis. The timing of pricing and terms remain subject to market conditions and other factors.

The company plans to use proceeds from the offering to repay existing debt and fund capital expenditures and general corporate purposes.

The notes and related guarantees have not been registered under the Securities Act or applicable state securities laws, making them available only to qualified institutional buyers and non-U.S. persons unless an exemption applies.

Vesta owns 231 properties located in industrial parks across 16 Mexican states, totaling 41.7 million square feet of gross leasable area as of June 30, 2025. The company’s client portfolio spans industries including automotive, aerospace, retail, pharmaceuticals, and food and beverage. With an impressive 90.26% gross profit margin and 11.49% revenue growth in the last twelve months, Vesta demonstrates strong operational performance. For deeper insights into Vesta’s financial metrics and growth potential, investors can access the comprehensive Pro Research Report available on InvestingPro.

The announcement does not constitute an offer to sell or solicitation to buy securities in any jurisdiction where such offer would be unlawful prior to registration or qualification under applicable securities laws.

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