Murano Global exchange offer settles early as holders tender US$302 million of 2031 notes

PUBT · 1d ago
Murano Global exchange offer settles early as holders tender US$302 million of 2031 notes
  • Murano Global Investments’ issuer trust settled early an exchange of USD 303 million 11% Senior Secured Notes due 2031 into Fixed Rate Senior Secured Notes due 2032.
  • Eligible holders tendered USD 301.99 million, or 99.67% of outstanding notes, triggering amendments that stripped covenants and released guarantees.
  • USD 360.09 million of new notes were issued on Aug. 4, 2026 to participating holders.
  • Holders who did not tender now hold unsecured, unguaranteed obligations with sharply reduced protections.
  • Offer remains open until Aug. 11, 2026; final settlement is expected on Aug. 13, 2026.


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