Vesta Real Estate Corporation, S.A.B. of C.V announced a new USD 200 million sustainability linked revolving credit facility with various financial institutions. The committed three-year unsecured revolving credit line has an interest rate of SOFR +160 basis points and includes a target regarding the number of Green Building Certifications associated with the Company's Gross Leasable Area ("GLA"). This remains a crucial KPI for Vesta's long-term strategic priorities, also aligned to the Company's sustainability linked Public Bond which was issued in 2021.
Corporación Inmobiliaria Vesta, S.A.B. de C.V.
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VESTA *
MX01VE0M0003
Real Estate Development & Operations
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- Vesta Announces USD 200 Million Sustainability Linked Revolving Credit Facility