Fibra Inn Prices Initial Public Offering and Begins Trading on the Mexican Stock Exchange

Wed Mar 13, 2013 6:28pm EDT

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MONTERREY, Mexico--(Business Wire)--
Fibra Inn (BMV: FINN13) ("Fibra Inn" or "the Company"), a Mexican real estate
investment trust specializing in the hotel industry, today announced the pricing
and results of its initial public offering. The global offering consisted of
214,316,264 Certificados Bursátiles Fiduciarios Inmobiliarios ("CBFIs"), 60.2%
of which was placed with Mexican investors and 39.8% of which was purchased by
international investors under rule 144A in the U.S. and Reg S outside the U.S.
The offering price was Ps. 18.50 per CBFI, yielding an aggregate value of Ps.
3,964,850,884. In addition, as part of the Over-allotment ("green shoe") option,
Fibra Inn has granted the underwriters a 30-day option to purchase up to
26,789,533 additional CBFIs at the initial public offering price to cover any
over-allotments. 

As a result of the offering, Fibra Inn`s CBFIs began trading today on the
Mexican Stock Exchange under the ticker symbol "FINN13". 

Of the total CBFIs offered, 63.3% were primary while 36.7% were secondary. In a
series of transactions following the completion of this offering, Desarollos del
Valle will contribute 8 hotels and holds non-mandatory options to purchase an
additional 6 hotels that will make up its initial portfolio of 14 total hotels. 

Corporación Actinver, S.A.B. de C.V. acted as structuring agent. Actinver Casa
de Bolsa, S.A. de C.V. acted as joint bookrunner along with Casa de Bolsa Credit
Suisse (México), S.A. de C.V. and Santander Investment Securities Inc. 

A copy of the prospectus relating to the offering may be obtained on the website
of the Mexican Securities and Exchange Commission (Comisión Nacional Bancaria y
de Valores or "CNBV") at www.cnbv.gob.mx and the Mexican Stock Exchange (Bolsa
Mexicana de Valores or "BMV") at www.bmv.com.mx. 

About the Company

Fibra Inn is a Mexican trust formed primarily to acquire, own, develop and
operate a broad range of hotel properties in Mexico. Headquartered in Monterrey,
Fibra Inn possesses a high-quality, geographically-diverse portfolio of 14
hotels located in nine states throughout Mexico, comprising approximately 2,423
rooms. The Company has signed Franchise Agreements with IHG to operate its
global brands Holiday Inn, Holiday Inn Express, and Holiday Inn Express &
Suites, as well as with Hilton to operate its brand Hampton Inn by Hilton. These
hotels enjoy some of the industry`s top loyalty programs and, offer attractive
hotel options for businesses travelers. Fibra Inn recently listed its Real
Estate Trust Certificates (Certificados Bursátiles Fiduciarios Inmobiliarios or
"CBFIs") on the Mexican Stock Exchange and trades under the ticker symbol
"FINN13". 

For more information, please visit our Corporate and Investor Relations website
at www.fibrainn.mx.

Investor Relations:
In Monterrey, Mexico:
Fibra Inn
Lizette Chang, (81)1778-5926
Investor Relations Officer
lchang@fibrainn.mx
or
In New York, NY:
i-advize Corporate Communications, Inc.
Maria Barona / Melanie Carpenter, 212-406-3691/3692
mbarona@i-advize.com / mcarpenter@i-advize.com



Copyright Business Wire 2013

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