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United Kingdom

NH Hotel Group SA (NHH.MC)

NHH.MC on Madrid SE C.A.T.S.

6.09EUR
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Pandox Signs Lease Agreements In Brussels
11:20am GMT 

Dec 13 (Reuters) - Pandox Ab ::(PUBL) SIGNS LEASE AGREEMENTS FOR HOTEL BLOOM! AND HOTEL BERLAYMONT IN BRUSSELS WITH NH HOTEL GROUP.‍SIGNED TWENTY-YEAR REVENUE-BASED LEASE AGREEMENTS WITH GUARANTEED MINIMUM RENT WITH NH HOTEL GROUP​.‍LEASE AGREEMENTS WILL TAKE EFFECT ON 1 FEBRUARY 2018​.  Full Article

Hesperia Restructures Debt With Santander Guaranteed By 9.1 Pct Of NH Hotels
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - GRUPO INVERSOR HESPERIA SA::SAID ON MONDAY AMORTIZES 122.7 MILLION EURO LOAN WITH SANTANDER GUARANTEED BY 9.1 PCT STAKE OF NH HOTELS <<>>.HESPERIA SAYS SUBSCRIBES NEW FINANCING FOR 97.6 MILLION EUROS ALSO GUARANTEED WITH 9.1 PERCENT OF NH HOTELS.  Full Article

Barcelo proposes merger with NH Hotels with valuation at 7.08 euros/shr
Monday, 20 Nov 2017 

Nov 20 (Reuters) - GRUPO BARCELO::BARCELO SENDS TO CNMV PROPOSAL SENT TO NH HOTELS <<>> FOR MERGER, SAYS SANTANDER TO ADVISE IN OPERATION‍​.BARCELO TRANSACTION PROPOSAL INCLUDES VALUATION OF NH HOTELS <<>> AT 7.08 EUROS/SHR‍​.BARCELO SAYS INTENDS TO KEEP NH HOTELS <<>> ON STOCK EXCHANGE, SEES POSSIBILITY FOR HEAD OFFICE TO BE LOCATED IN MADRID.BARCELO SAYS IS WILLING TO CONSIDER ALTERNATIVES REGARDING THE OPERATION WITH NH HOTELS <<>> IN ORDER TO FACILITATE IT.BARCELO SAYS NH <<>> PROPOSAL IS NOT BINDING AND IS SUBJECT TO DUE DILLIGENCE AND CNMV'S EXEMPTION FROM LAUNCHING TAKEOVER‍​.  Full Article

Spain's Barcelo says NH Hoteles merger proposal "very preliminary"
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Spain's Barcelo Group::Confirms it has approached NH Hoteles <<>> on a potential merger.Says proposal is "very preliminary".  Full Article

NH Hotel Group confirms merger proposal from Grupo Barcelo
Monday, 20 Nov 2017 

Nov 20 (Reuters) - NH HOTELS GROUP SA ::SAYS CONFIRMS IT RECEIVED INTEREST FROM GRUPO BARCELO FOR THE MERGER‍​.SAYS GRUPO BARCELO TO CONTROL 60 PERCENT OF COMBINED GROUP ACCORDING TO PROPOSAL‍​.SAYS ITS STRATEGIC PLAN WITH INDEPENDENT GROWTH PROJECT REMAINS VALID.  Full Article

NH Hotel Group 9-month recurring EBITDA up 37 pct YoY
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - NH HOTEL GROUP SA ::9-MONTH RECURRING NET PROFIT 27.1 MILLION EUROS VERSUS 4.5 MILLION EUROS YEAR AGO.9-MONTH REVENUE 1.17 BILLION EUROS VERSUS 1.10 BILLION EUROS YEAR AGO.9-MONTH EBITDA BEFORE ONE-OFFS 170.4 MILLION EUROS VERSUS 124.6 MILLION EUROS YEAR AGO.9-MONTH REVPAR UP 9.5 PERCENT AT 68.1 EUROS VERSUS 62.1 EUROS YEAR AGO.9-MONTH OCCUPANCY RATE AT 71.2 PERCENT VERSUS 68.7 PERCENT YEAR AGO.SAYS CONFIRMS RECURRING EBITDA GUIDANCE FOR 2017 OF 230 MILLION EUROS‍​.SEES PRO-FORMA EBITDA OF ABOUT 300 MILLION EUROS AND RECURRING NET PROFIT OF ABOUT 100 MILLION EUROS IN 2019.‍​.  Full Article

HNA Group announces sale and repurchase agreement for 1.14 pct of NH Hotels shares
Monday, 6 Nov 2017 

Nov 6 (Reuters) - HNA Group Co::FORMALIZES TROUGH ITS UNIT TANGLA SPAIN CONTRACT FOR SALE AND AGREEMENT OF REPURCHASE FOR SHARES OF NH HOLTELS <<>> WITH INSTITUTIONAL INVESTOR.UNDER CONTRACT WILL TRANSFER 1.14 PCT OF HN HOTELS SHARES.  Full Article

NH Hotels to redeem senior secured notes due 2019
Monday, 30 Oct 2017 

Oct 30 (Reuters) - NH HOTEL GROUP SA ::TO REDEEM WHOLE PRINCIPAL AMOUNT OF 250 MILLION EURO, 6.875 PCT SENIOR SECURED NOTES DUE 2019‍​.THE NOTES ISSUE DUE 2019‍​ NOW AMOUNTS TO 100 MILLION EUROS.EARLY NOTES REDEMPTION TO GENERATE 9.6 MILLION EUROS NET SAVINGS.  Full Article

Barcelo spokesman denies studying offer for NH Hotel Group
Wednesday, 6 Sep 2017 

Sept 6 (Reuters) - Barcelo::Spokesman at family-owned hotel group Barcelo denies studying offer for NH Hotel Group <<>>.  Full Article

BRIEF-Hispania buys hotel in Malaga for 41 mln euros
Thursday, 9 Feb 2017 

Corrects text to specify the amount for the acquisition and extension works..Hispania Activos Inmobiliarios SOCIMI SA : Says buys NH Malaga hotel for 41 million euros ($43.8 million) .Pays 23 million euros for acquisition and to perform extension works for additional 18 million euros.  Full Article

BRIEF-Pandox Signs Lease Agreements In Brussels

* (PUBL) SIGNS LEASE AGREEMENTS FOR HOTEL BLOOM! AND HOTEL BERLAYMONT IN BRUSSELS WITH NH HOTEL GROUP