TUI AG has received the approval of the German government for a bridging loan of €1.8 billion from the KfW. The funds of Germany’s state-owned development bank are to be used to increase TUI’s existing credit line with its banks amounting to €1.75 billion.
from Breaking Travel News https://ift.tt/3arikuS
Saturday, March 28, 2020
News: TUI secures €1.8 billion loan from German government
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