May 7, 2021 |
Mexican real estate company Corporación Inmobiliaria Vesta made its first issue in the cross-border market on Thursday, selling $350 million worth of 10-year sustainability-linked bonds (SLBs), according to sources involved in the deal.
The company priced the new 3.625% 2031 bonds at 98.793 to yield 3.771%, or 220 basis points over US Treasury notes, the sources said.
Vesta set the initial price talk around 250 basis points over US Treasury bonds and put guidance at 225 basis points, plus or min
Mexican real estate company issues $350 mln in 10-year notes to refinance debt