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TUI has received the approval of the German government for a bridging loan of EUR 1.8 billion (USD 1.98 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 EUR 1.75 billion (USD 1.93 billion). The bridge loan is […]
The post TUI secures USD 1.98 billion loan from German government appeared first on Travel Daily.
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