Oásis Atlântico Update

On 15th November, the Oásis Atlântico corporate bond paid its quarterly yield. Yield was paid on time, in full and the next yield payment will be due in February 2019.

Group performance remains generally strong with room nights and average revenue per available room (REVPAR) continuing to rise over 2017. EBITDA has also increased over 2017.

The Group has been looking at future growth and has secured additional rooms by signing a deal to open a new Morocco hotel in June 2019.

We are delighted to be continuing to support and work with Oásis Atlântico in the next stages of their development and look forward to bringing you further updates later in the year.