- Murano Global Investments PLC announced an update on the **default of its coupon payment** due **September 12, 2025**, for its **US$300,000,000** aggregate principal amount of **11.000% Senior Secured Notes due 2031**.  **[1988776_0001140361-25-038205_ef20057166_6k.htm:0]** **[1988776_0001140361-25-038205_ef20057166_ex1.htm:0]** 
- The company has entered into non-disclosure agreements and is engaged in negotiations with an **ad hoc group of noteholders** who hold a significant majority of the outstanding Notes.  **[1988776_0001140361-25-038205_ef20057166_ex1.htm:0]** 
- Murano Global Investments PLC has presented its **initial proposal for a consensual restructuring** of the Notes.  **[1988776_0001140361-25-038205_ef20057166_6k.htm:0]** **[1988776_0001140361-25-038205_ef20057166_ex1.htm:0]** 
- The company remains committed to negotiating a mutually acceptable solution, meeting operational obligations, and preserving liquidity.  **[1988776_0001140361-25-038205_ef20057166_ex1.htm:0]**

Murano Global Investments PLC Updates on Debt Restructuring Efforts

- Murano Global Investments Plc reported a significant decline in cash and cash equivalents to **$2,726,880** as of **June 30, 2025**, from **$196,625,838** at December 31, 2024, with current liabilities exceeding current assets, leading to substantial doubt about its ability to continue as a going concern.  **[1988776_0001140361-25-036791_ef20056466_ex99-3.htm:0]** **[1988776_0001140361-25-036791_ef20056466_ex99-1.htm:8]** 
- On **September 12, 2025**, the Issuer Trust failed to make the scheduled interest payment for its **US$300 million 11.00% Senior Secured Notes due 2031**, and an Event of Default will occur if the payment is not made within the **30-day grace period ending October 12, 2025**.  **[1988776_0001140361-25-036791_ef20056466_ex99-4.htm:6]** **[1988776_0001140361-25-036791_ef20056466_ex99-2.htm:10]** **[1988776_0001140361-25-036791_ef20056466_ex99-5.htm:11]** **[1988776_0001140361-25-036791_ef20056466_ex99-3.htm:12]** **[1988776_0001140361-25-036791_ef20056466_ex99-1.htm:23]** 
- The Group is actively pursuing a consensual, out-of-court debt restructuring solution and has initiated discussions with key stakeholders, including noteholders and other financial creditors.  **[1988776_0001140361-25-036791_ef20056466_ex99-4.htm:6]** **[1988776_0001140361-25-036791_ef20056466_ex99-2.htm:10]** **[1988776_0001140361-25-036791_ef20056466_ex99-5.htm:11]** **[1988776_0001140361-25-036791_ef20056466_ex99-3.htm:12]** **[1988776_0001140361-25-036791_ef20056466_ex99-1.htm:23]** 
- On **September 4, 2025**, the company announced corporate governance changes, including the resignation of four board members and the global CFO, and paused its Bitcoin Treasury initiative to prioritize real estate optimization and debt restructuring.  **[1988776_0001140361-25-036791_ef20056466_ex99-2.htm:10]** **[1988776_0001140361-25-036791_ef20056466_ex99-5.htm:11]** **[1988776_0001140361-25-036791_ef20056466_ex99-3.htm:12]** **[1988776_0001140361-25-036791_ef20056466_ex99-1.htm:23]**

Murano Global Investments Plc Defaults on Senior Notes Amid Liquidity Crisis and Pursues Debt Restructuring

- **Murano Global Investments PLC** announced a **default on its coupon payment** due **September 12, 2025**, for its **US$300,000,000** aggregate principal amount of **11.000% Senior Secured Notes due 2031**.  **[1988776_0001140361-25-034873_ef20055538_6k.htm:0]** **[1988776_0001140361-25-034873_ef20055538_ex1.htm:0]** 
- A **30-day grace period** for the interest payment expires on **October 12, 2025**, after which an Event of Default will occur if the payment is not made.  **[1988776_0001140361-25-034873_ef20055538_ex1.htm:0]** 
- This decision was made to **preserve liquidity** amid continued liquidity and operational challenges, and the company is undertaking a comprehensive program to strengthen its structure and ensure long-term financial sustainability.  **[1988776_0001140361-25-034873_ef20055538_ex1.htm:0]** 
- The company is engaging with an ad hoc group of Noteholders (representing a significant majority) and other financial creditors to negotiate and implement a **comprehensive, mutually acceptable, and out-of-court restructuring solution**.  **[1988776_0001140361-25-034873_ef20055538_ex1.htm:0]**

Murano Global Investments (MRNO)