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Murano Global Investments Closes $300 Million Senior Notes Offering
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Murano Global Investments Closes $300 Million Senior Notes Offering
Sep 13, 2024 2:32 AM

04:27 AM EDT, 09/13/2024 (MT Newswires) -- Murano Global Investments ( MRNO ) said late Thursday it closed an offering of $300 million of 11% senior secured notes due 2031.

The company plans to use the proceeds to prepay existing debt, fund a debt service reserve account, fund working capital and support hotel completion costs, it said.

Price: 7.30, Change: +0.01, Percent Change: +0.14

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