Simpson Thacher Represents the Initial Purchasers in US$223.8 Million Global Equity Offering and US$350 Million Senior Notes Offering by Corporación Inmobiliaria Vesta S.A.B. de C.V.
05.17.21
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Simpson Thacher represented the initial purchasers, UBS Securities LLC, Citigroup Global Markets Inc., BTG Pactual US Capital, LLC and Scotia Capital (USA) Inc., in connection with the offering by Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) of common shares in Mexico and internationally, which raised approximately US$223 million in gross proceeds.
Simpson Thacher also represented the initial purchasers, BofA Securities Inc., Citigroup Global Markets Inc., BBVA Securities Inc. and UBS Securities LLC, in connection with the offering by Vesta of US$350 million aggregate principal amount of its 3.625% Senior Notes due 2031.
Both the equity offering and the debt offering were undertaken pursuant to Rule 144A and Regulation S of the Securities Act.
Vesta is a leading developer and manager of industrial real estate in Mexico. Vesta is listed on the Mexican Stock Exchange.
The Simpson Thacher team for the offering included Juan Francisco Mendez and Jon Vicuña (Capital Markets); and Jonathan Cantor and Brian Mendick (Tax).