Vesta Green Industrials

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Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) is a leading Mexican real estate company specializing in high-quality industrial properties (IPs) and providing common infrastructure and services (energy, water, wastewater, and waste management) to tenants. Vesta negotiated a new senior unsecured credit facility of US$ 545 million, comprising of: (i) a US$345 million in term loans and a (ii) US$200 million revolving loan. IFC contributed with US$100 million to the facility.IFC co-structured and co-led the facility together with certain commercial banks. The financing is structured as a Sustainability-Linked Loan (SSL) with a spread reduction incentive tied to achieving specific certification objectives. The proceeds will partially fund Vesta’s 2025-2026 investment program (“the Project”).IFC will also provide technical support under the Green Pathways for Real Estate Institutional Portfolios (GRIP) program to help Vesta achieve its long-term decarbonization strategy. Vesta is already an EDGE Champion, with several projects certified under the EDGE standard.