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Administradora de Activos Fibra Inn SC (FINN13.MX)

FINN13.MX on Mexico Stock Exchange

12.18MXN
21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Fibra Inn buys Hotel Courtyard by Marriott Chihuahua
Tuesday, 16 Aug 2016 01:34am EDT 

Administradora de Activos Fibra Inn SC :Said on Monday buys Hotel Courtyard by Marriott Chihuahua of 152 rooms for 234.4 million Mexican pesos ($13.0 million) plus 8.7 million pesos of taxes and other expenses.  Full Article

Fibra Inn signs binding deal to buy hotel in Mexico
Friday, 5 Aug 2016 04:20am EDT 

Administradora de Activos Fibra Inn SC : Said on Thursday that it had signed a biding agreement to buy Best Western Valle Real Hotel in Monterrey, Nuevo Leon, Mexico . The investment is for 67.0 million Mexican pesos ($3.6 million), plus 3.7 million Mexican pesos in taxes, acquisition-related expenses and corresponding VAT expenses .The transaction will be paid using the resources obtained from the bank loan.  Full Article

Fibra Inn buys hotel Casa Grande Ciudad Juares for 111.3 mln pesos
Tuesday, 26 Apr 2016 05:48pm EDT 

Fibra Inn:Buys hotel Casa Grande Ciudad Juares for 111.3 million pesos plus taxes and expenses.Says plans to turn the hotel into a Holiday Inn with additional investment of 110.4 million pesos.Plans to add additional 50 rooms to the existing 145 rooms with additional investment of 57.2 million pesos.  Full Article

Fibra Inn announces binding agreement to acquire 4 hotels in Chihuahua
Monday, 9 Nov 2015 04:30pm EST 

Fibra Inn:Signs purchase agreement to acquire four hotels in the state of Chihuahua totaling 551 rooms.The acquisition price of 678.7 million pesos plus taxes and acquisition related expenses, as well as the corresponding VAT, will be paid using proceeds from the debt issuance.  Full Article

Fibra Inn issues 1.88 bln pesos in CBFs
Wednesday, 30 Sep 2015 05:39pm EDT 

Fibra Inn:Issues 1,875.35 million pesos in debt certificates CBFs within a 5 billion pesos program.CBFs to pay interest every 28 days, hold a variable interest rate of TIIE + 110 basis points and maturity of 6 years.CBFs obtained rating of AA-(mex) from Fitch Ratings and HR AA+ on local scale from HR Ratings.To use funds from the issue to pay bank debt of 700 million pesos, to use the rest to finance acquisition processes within next six months.  Full Article