Grupo Posadas S.A. de C.V.

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• Posadas Launching Hip Brand.(Grupo Posadas S.A. de C.V. announces new hotel brand LAT 19[degrees])(Brief article)

  - 2006-10-01

  By Staff MEXICO--Looking to capture the upscale and luxury business travel market in Mexico, Grupo Posadas recently announced a new hotel brand, LAT 19[degrees] . The brand, to be characterized by a contemporary minimalist style and cutting-edge technology, will debut in Mexico City...

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• Cintra shareholders approve Mexicana sale

  - 2005-12-19

  AIRLINE INDUSTRY INFORMATION-C1997-2005 M2 COMMUNICATIONS LTD Cintra SA, a Mexican state-owned airline holding company, has said that its shareholders have unanimously approved the sale of airline Mexicana. The airline will be sold to the hotel chain Grupo Posadas SA and the sale is expected to close by 28...

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• Cintra sells Mexicana to Grupo Posadas and cancels Aeromexico sale

  - 2005-11-30

  AIRLINE INDUSTRY INFORMATION-C1997-2005 M2 COMMUNICATIONS LTD Mexican holding company Cintra SA has said that it has sold the Mexicana airline to a Mexican hotel chain. Cintra also said that it has decided to cancel the sale of Aeromexico. Grupo Posadas SA, the owner of Fiesta Americana hotels,...

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• Grupo Posadas

  - 2005-05-01

  GRUPO POSADAS, a Mexican hotel chain, sold US$75 million in bonds in U.S. markets. The bonds, which mature in 2011 and carry an interest rate of 8.75%, will be used to pay down debts.

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• Posadas concludes issue of senior debt paper.

  - 2005-01-25

  MEXICO CITY, Jan 24, 2005 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Mexico's leading hotel company, Grupo Posadas has successfully concluded the issue of US$75 million in senior debt paper at a rate of 8% and expiring in 2011. Some US$150 million was...

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• Grupo Posada issues senior debt paper.

  - 2004-10-05

  MEXICO CITY, Oct 05, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The Mexican hotel firm Grupo Posadas successfully issued US$150 million in senior debt paper expiring in 2011.The resources obtained from the operation will be used to pay off the firm's debt....

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• Grupo Posada to issue US$150mn in senior debt paper.

  - 2004-09-30

  MEXICO CITY, Sep 30, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Posadas, one of Mexico's most prominent hotel operators in the country, will issue US$150 million in senior debt paper expiring in 2011, with an 8%-interest rate, generating resources which will...

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• Grupo Posadas to issue US$150mn in debt paper.

  - 2004-09-16

  MEXICO CITY, Sep 16, 2004 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Posadas reported Wednesday that it would issue and sell, subject to market conditions, approximately US$150 million in senior debt paper expiring in 2011, generating resources that will be used to repay...

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• Tourism industry: Fonatur must offer credit again.

  - 2004-08-27

  MEXICO CITY, Aug 27, 2004 (El Universal/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Businesspeople in the tourism industry urged the National Fund to Promote Tourism Fonatur to become a major financer again for large-scale projects and to seek more ways of attracting foreign capital,...

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• Posadas to invest US$240mn in hotels.

  - 2004-01-24

  MEXICO CITY, Jan 23, 2004 (Cronica/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Hotel chain Grupo Posadas will invest between US$230 million and US$240 million in the construction of 12 hotels this year, three of them in Brazil and nine in Mexico.Gaston Azcarraga, president of...

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