The Mexican industrial real estate firm fully retired two facilities ahead of their 2027 and 2028 maturities.
Vesta announced that it has repaid in full US$105 million of outstanding principal under two private financing agreements. The company retired both debt obligations ahead of their scheduled maturities.
The transactions included US$60 million of 5.31% Series B senior notes due September 22, 2027, from a US$125 million agreement dated September 22, 2017. The second repayment covered US$45 million of 5.85% Tranche B loans due May 31, 2028, from a US$90 million term loan agreement dated May 31, 2018.
Along with the principal amounts, Vesta covered accrued and unpaid interest and applicable make-whole fees under each contract. Both financing agreements are now fully settled and terminated.
Retiring these financings ahead of maturity reflects our disciplined approach to balance sheet management and capital allocation. The transaction simplifies our capital structure, eliminates the related covenants and reporting requirements and provides greater financial flexibility as we continue to execute our Route 2030 strategy. It is also consistent with the financial discipline recognized by S&P Global Ratings and Fitch Ratings in their recent upgrades of Vesta to 'BBB'.
As of June 30, 2026, Vesta owned 232 industrial properties across 16 states in Mexico, comprising 43.3 million square feet, or 4.0 million square meters, of gross leasable area.
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