Edition:
United States

Administradora de Activos Fibra Inn SC (FINN13.MX)

FINN13.MX on Mexico Stock Exchange

10.91MXN
9:40am EDT
Change (% chg)

$0.02 (+0.18%)
Prev Close
$10.89
Open
$10.91
Day's High
$10.91
Day's Low
$10.91
Volume
105
Avg. Vol
352,390
52-wk High
$14.40
52-wk Low
$10.16

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

Fibra Inn announces binding agreement to acquire staybridge suites guadalajara expo hotels and arriva express guadalajara plaza del sol expo
Thursday, 9 Jul 2015 08:24pm EDT 

Fibra Inn:Announces today its decision to exercise its call option to purchase the Staybridge Suites Guadalajara Expo and Arriva Express Guadalajara Plaza del Sol Expo hotels, located in the state of Jalisco.  Full Article

Fibra Inn signs binding agreement to acquire Holiday Inn Reynosa Industrial Poniente Hotel
Wednesday, 13 May 2015 07:20pm EDT 

Fibra Inn:Signs binding agreement to acquire Holiday Inn Reynosa Industrial Poniente Hotel in the State of Tamaulipas, Mexico for 103.6 million pesos.Additionally will acquire land for 11.0 million pesos, 81.9 million pesos will be destined for a 10-room expansion and 26.2 million pesos for taxes and other expanses.To use CBFI certificates issued in Nov. 2014 to carry out the purchase.  Full Article

Fibra Inn signs binding agreement to acquire Hampton Inn by Hilton Hermosillo Hotel
Wednesday, 13 May 2015 07:01pm EDT 

Fibra Inn:Signs binding agreement to acquire Hampton Inn by Hilton Hermosillo Hotel in the State of Sonora, Mexico for 175.0 million pesos.Additional 27.3 million pesos will be destined for a 56-room expansion and 12.7 million pesos for taxes and other expenses.Purchase will be financed from CBFI certificates issuance carried out in Nov. 2014.  Full Article

Fibra Inn announces Q1 distribution payment
Tuesday, 21 Apr 2015 06:11pm EDT 

Fibra Inn:To execute cash distribution from the trust’s capital reimbursement for period of Jan. 1 to March 31 through cash payment on April 29 for 0.179706084264763000 peso per Certificado Bursatil Fiduciario Inmobiliario (CBFI).  Full Article

More From Around the Web