Fibra Inn debt restructuring

17/10/2019
Bond/note restructuring

Completed

17/10/2019


Overview:

  • Mexican trust Fibra Inn restructured some of its debt through a new bond issue. 
  • Fibra Inn is a Mexican trust that holds hotel property investments in Mexico.
  • The debt restructuring was achieved through a $Mex1.2 billion bond issue that enabled the trust to repay Mex$1 billion and extend a payment deadline from September 2021 to February 2028 at an improved 8.87% interest rate.

Chynna Lewis – Researcher

Jurisdiction:

Mexico

Deal type:

Bond/note restructuring

Practice area:

Financial restructuring

Governing law:

Mexico

Industry sectors:

Investment management
Tourism


Firm:

Party: Fibra Inn (Issuer)