Europe

TUI plans new euro bond issuance to refinance 2019 notes

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TUI plans new euro bond issuance to refinance 2019 notes

TUI is planning a euro-denominated five-to-seven year bond issuance, which will refinance its outstanding €300 million 4.500% senior notes due 2019 issued in 2014. Any surplus will be used for general corporate purposes. The holiday group is holding an investor call today and states that the timin...

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