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United States

NH Hotel Group SA (NHH.MC)

NHH.MC on Madrid SE C.A.T.S.

4.10EUR
20 Jan 2017
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Thu, Jan 19 2017

BRIEF-Spain's NH Hoteles targets 2018 core profit of 250-260 mln euros

* Says it is targeting a core profit (EBITDA) of 250 million- 260 million euros ($266 million-$277 million) in 2018 Source text for Eikon: Further company coverage: ($1 = 0.9384 euros) (Reporting by Madrid Newsroom)

BRIEF-Spain's NH Hoteles says core profit rose over 20 pct in 2016

* Says core profit, or earnings before interest, taxes, depreciation and amortization (EBITDA) rose more than 20 percent in 2016 from a year earlier, the second year in a row

BRIEF-NH Hotel Group 9-month recurring net result turns to profit of 4.5 mln euros

* Reported on Tuesday 9-month recurring net profit of 4.5 million euros ($4.8 million) versus loss 7.7 million euros year ago

Fitch Upgrades NH Hotel Group to 'B', Outlook Stable

(The following statement was released by the rating agency) LONDON, September 30 (Fitch) Fitch Ratings has upgraded NH Hotel Group SA's (NH) Long-Term Issuer Default Rating to 'B' from 'B-' and the group's 2019 senior secured notes to 'BB-'/'RR2' from 'B+'/'RR2'. Fitch has also assigned a 'BB-'/RR2' rating to the group's new EUR285m 2023 senior secured notes. The Outlook is Stable. The upgrade reflects both the improved liquidity of NH, due to the signing of a new EUR250m three-year plus t

BRIEF-NH Hotels prices bonds for 285 mln euros at 3.750 pct

* Said on Thursday closed the issue of senior secured bonds due in 2023 for 285 million euros ($319.7 million) offering a fixed coupon of 3.750 percent

BRIEF-NH Hotels says court denies precautionary measure filed by Tangla Spain

* Says commercial court denies precautionary measures filed by Tangla Spain (HNA) regarding points 9 to 12 and 14 to 18 adopted by NH Hotel's general shareholders meeting on June 21

BRIEF-NH to issue senior secured notes worth up to 285 mln euros

* Intends to issue senior secured notes worth up to 285.0 million euros ($319.3 million) with maturity in 2023 in order to refinance debt of about 277.5 million euros

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