Airline

TUI receives bridging loan of €1.8 billion

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TUI receives bridging loan of €1.8 billion

KfW and TUI have signed the state aid bridging loan for €1.8 billion. The loan had been committed by the German Federal Government on March 27, as part of the COVID-19 state support program. TUI's current Revolving Credit Facility “RCF” banking consortium supports the KfW loan and the addition...

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