Published on 6/24/2019 in the Prospect News Private Placement Daily.
New Issue: Vesta places $85 million 5.18%, 5.28% notes due 2029, 2031
By Wendy Van Sickle
Columbus, Ohio, June 24 – Corporacion Inmobiliaria Vesta, SAB de CV privately placed $85 million of notes due in two tranches, according to a company news release.
The notes consist of $70 million of 10-year 5.18% notes and $15 million of 12-year 5.28% notes.
The pure-play industrial real estate company is based in Mexico City.
Issuer: | Corporacion Inmobiliaria Vesta, SAB de CV
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Issue: | Notes
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Amount: | $85 million
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Announcement date: | June 24
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Distribution: | Private placement
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10-year notes
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Amount: | $70 million
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Coupon: | 5.18%
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Tenor: | 10 years
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12-year notes
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Amount: | $15 million
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Coupon: | 5.28%
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Tenor: | 12 years
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