Corporacion_Inmobiliaria_Vesta Completes Global Offering

Corporacion Inmobiliaria Vesta, a real estate company specializing in industrial properties in Mexico, successfully completed its global offering. The initial offering raised approximately US$242.5 million. Subsequently, the international underwriters exercised their over-allotment option, purchasing an additional 7,749,200 common shares represented by American Depositary Shares (ADS) at US$34.62 per ADS, generating an additional US$26.8 million. The total gross proceeds from the offering and the over-allotment option amount to approximately US$269.3 million. Corporacion Inmobiliaria Vesta intends to use these net proceeds to fund its growth strategy. Barclays, JPMorgan Chase, and Morgan Stanley acted as joint global coordinators, while Bank of America (BofA Securities), BTG Pactual, and Banco Santander served as joint book-runners for the offering. The offering was conducted in the United States and Mexico, with regulatory approvals from the United States — United States Securities and Exchange Commission and the Mexico — Comisión Nacional Bancaria y de Valores.