The Mexican Industrial Real Estate Developer Real Estate Corporation Vesta informed Tuesday that it carried out the placement of 500 million dollars in senior notes not guaranteed at a rate of 5.5% and expiring in January 2033.
Vesta said in a statement that he will use the resources for the prepaid of obligations and extend the profile of his debt, as well as for capital expenses related to his growth strategy.
The papers received a “BBB-” credit rating, with a “positive” perspective, by the Fitch and S&P global ratings agencies.
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With Reuters information.
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