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