Murano Signs MOU To Explore Cruise Port Development in Baja California, Mexico

6/10/24 8:02:41 AM ET

Hotels/Resorts

Consumer Discretionary

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Murano Global Investments PLC ("Murano") (NASDAQ:MRNO), a London-headquartered real estate company that owns, develops and invests in hotel, resort and commercial properties, announced today that it has signed a non-binding memorandum of understanding ("MOU") with a leading global cruise operator to explore the potential to develop a cruise port destination on its property in Bajamar, Baja California, Mexico (the "Baja Project"). The Baja Project is situated on the Tijuana Ensenada corridor, 60 minutes from the Tijuana/San Diego border and a few minutes from the beaches of Ensenada, Tijuana and Rosarito.

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Murano Announces Closing of U.S.$300 Million Offering of Senior Secured Notes
LONDON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- MURANO GLOBAL INVESTMENTS PLC ("Murano" or the "Company") (NYSE:MRNO), announced today the closing of an offering of U.S.$300,000,000 aggregate principal amount of 11.000% Senior Secured Notes due 2031 (the "Notes") by (i) a trust created under the laws of Mexico (such trust, the "Issuer Trust"). The Notes are guaranteed by Murano PV, S.A. de C.V., a Murano sub-holding entity incorporated in Mexico (the "Murano Parent Guarantor"), Operadora Hotelera G.I., S.A. de C.V. (the "Operator Guarantor"), and two other Mexican law-governed trusts (the "Murano 2000 Trust" and the "Murano 3224 Trust"). Murano acted as sponsor of the Notes issuance pursuant to
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Murano Exploring Cruise Port Development in Baja California, Mexico
LONDON, June 10, 2024 (GLOBE NEWSWIRE) -- Murano Global Investments PLC ("Murano") (NASDAQ:MRNO), a London-headquartered real estate company that owns, develops and invests in hotel, resort and commercial properties, announced today that it has signed a non-binding memorandum of understanding ("MOU") with a leading global cruise operator to explore the potential to develop a cruise port destination on its property in Bajamar, Baja California, Mexico (the "Baja Project"). The Baja Project is situated on the Tijuana Ensenada corridor, 60 minutes from the Tijuana/San Diego border and a few minutes from the beaches of Ensenada, Tijuana and Rosarito. The Baja Project expands Murano's developme
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Hotels/Resorts
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Murano Global Investments to Ring NASDAQ Opening Bell in Celebration of Recent Public Listing and Opening of Hyatt Vivid Grand Island Cancun
LONDON, April 04, 2024 (GLOBE NEWSWIRE) -- Murano Global Investments Plc. (NASDAQ:MRNO), a London-headquartered real estate company that owns, develops and invests in hotel, resort and commercial properties, announced today that it will ring the NASDAQ opening bell on Friday, April 5, 2024 in celebration of its recent public listing and the grand opening of its latest resort development, the Hyatt Vivid Grand Island in Cancun, Mexico. The grand opening marks the launch of Hyatt's newest all-inclusive adults-only brand focused on creating a relaxed, no-pressure atmosphere in one of Mexico's top tourist destinations. "The opening of the Hyatt Vivid Grand Island marks our second major milest
4/4/24 8:00:00 AM ET
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Hotels/Resorts
Consumer Discretionary

Murano Signs MOU To Explore Cruise Port Development in Baja California, Mexico

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Why Is Real Estate Firm Murano Stock Jumping Today?

Murano Global Investments shares are trading higher after the company announced that it signed an MOU to explore the potential to develop a cruise port destination on its property in Bajamar, Baja California, Mexico.