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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.