Murano announces closing of u.s.$300 million offering of senior secured notes

London, sept. 12, 2024 (globe newswire) -- murano global investments plc (“murano” or the “company”) (nyse: mrno), announced today the closing of an offering of u.s.$300,000,000 aggregate principal amount of 11.000% senior secured notes due 2031 (the “notes”) by (i) a trust created under the laws of mexico (such trust, the “issuer trust”). the notes are guaranteed by murano pv, s.a. de c.v., a murano sub-holding entity incorporated in mexico (the “murano parent guarantor”), operadora hotelera g.i., s.a. de c.v. (the “operator guarantor”), and two other mexican law-governed trusts (the “murano 2000 trust” and the “murano 3224 trust”). murano acted as sponsor of the notes issuance pursuant to a sponsor support and indemnification agreement.
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