Fibra Inn Receives $115 Million Pesos of Credit from Westin Monterrey Valle

Fibra Inn, the Mexican hotel real estate trust, received 115 million pesos from the second and last drawdown of the loan for The Westin Monterrey Valle hotel, which represents the entry of financial resources to strengthen its liquidity.

According to the terms of the loan, a second drawdown of 115 million pesos was expected to be obtained once better performance and occupancy conditions were met, which have already been achieved.

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