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Vesta refinances its debt.


The transaction included the reversal of 48 properties that secured a loan with The Blackstone Group and the termination of said loan.

Corporación Inmobiliaria Vesta, S.A. B. de C. V. (BMV: Vesta) concludes several financing operations for a total of US$400 million.

The transaction included the reversal of 48 properties that secured a loan with The Blackstone Group and the termination of said loan.

Additionally, Vesta completed a 10-year, secured, non-recourse loan of US$150 million with Metropolitan Life Insurance Company (MetLife) and the signing of a trust agreement.

The team in charge was composed of:

Vesta

Alejandro Pucheu and Ana Luisa Arroyo

Creel Abogados, S.C.

Carlos Martínez, Javier Soní, Alfonso Razú, Enrique Ríos, Doménico González Rossi, and Bernardo Espinosa.

Davis Polk & Wardell, LLP

Maurice Blanco and James Vickers.

MetLife

Michelle Smith

Mijares, Angoitia, Cortés y Fuentes, S.C.

Francisco Ibáñez, Patrick Meshoulam Aguila, and Juan Pablo Aspe.

Hunton & Williams, LLP

Peter J. Mignone and Katie Baranek.