TUI AG reaches agreement on additional financing package of €1.8 billion
TUI AG has agreed with Unifirm Ltd., a syndicate of underwriting banks, KfW and the Economic Support Fund (Wirtschaftsstabilisierungsfonds – WSF) on a further financing package of € 1.8 billion for TUI. The package includes a capital increase with subscription rights of approx. € 500m; a silent participation convertible into shares of TUI by the WSF of […]
Continue Reading