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IN BRIEF: Tui upsizes bond issue with tap offering

Mon, 28th Jun 2021 21:19

Tui AG - Hanover-based holiday firm - Upsizes April bond issue. Launches tap offering of senior unsecured convertible bonds due 2028 in total principal amount of up to EUR190 million. "Tui intends to use the proceeds from the Offering for refinancing in particular to further reduce drawings under the KfW facilities and towards a subsequent repayment of such facilities," company explains. In April, Tui issued EUR400 million convertible bonds.

Current stock price: 384.10 pence, down 5.3% on Monday

Year-to-date change: up 34%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
8 Mar 2023 05:45

Tui aims to boost number of female pilots with new training scheme

(Alliance News) - Tui AG said it is launching the UK's first scheme to train dozens of pilots with no upfront costs and then offer them jobs, as it encourages more women to consider the role.

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15 Feb 2023 09:32

LONDON BROKER RATINGS: Bryan Garnier starts Unilever with 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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15 Feb 2023 08:14

CORRECT: LONDON BRIEFING: UK inflation cools to 10.1%

(Correcting New York closing indices.)

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15 Feb 2023 08:02

LONDON BRIEFING: UK inflation cools to 10.1%; Barclays profit down

(Alliance News) - Stock prices in London opened slightly higher on Wednesday in the wake of fresh data that revealed inflation in the UK was cooling.

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14 Feb 2023 12:04

LONDON MARKET MIDDAY: FTSE 100 comes near 8,000 ahead of US inflation

(Alliance News) - Stock prices in London were higher at midday on Tuesday, as investors' focus shifted from the latest UK labour market report to a key US consumer price index print.

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14 Feb 2023 08:40

LONDON MARKET OPEN: Stocks rise after UK jobs and wages report

(Alliance News) - London equities opened higher on Tuesday, as new data showed that UK employment rate remained steady in the final three months of 2022, while average pay rose but saw one of the biggest falls in real terms since records began.

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14 Feb 2023 07:02

TOP NEWS: Tui quarterly loss narrows as revenue rebounds from Covid

(Alliance News) - Tui AG on Tuesday said its loss in the first financial quarter that ended December 31 narrowed amid a climb in revenue on the back of higher travel demand, helped by eased Covid restrictions.

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7 Feb 2023 15:55

UK earnings, trading statements calendar - next 7 days

Wednesday 8 February 
Ashmore Group PLCHalf Year Results
Barratt Developments PLCHalf Year Results
DCC PLCTrading Statement
Hardide PLCFull Year Results
PZ Cussons PLCHalf Year Results
Severn Trent PLCTrading Statement
Smurfit Kappa Group PLCFull Year Results
Thursday 9 February 
AstraZeneca PLCFull Year Results
Bellway PLCTrading Statement
British American Tobacco PLCFull Year Results
Compass Group PLCTrading Statement
Redrow PLCHalf Year Results
Unilever PLCFull Year Results
Watches of Switzerland Group PLCTrading Statement
Friday 10 February 
Lancashire Holdings LtdFull Year Results
S&U PLCTrading Statement
Victrex PLCTrading Statement
Monday 13 February 
no events scheduled 
Tuesday 14 February 
Carr's Group PLCFull Year Results
Coca-Cola HBC AGFull Year Results
Plus500 LtdFull Year Results
Tui AGQ1 Results
UP Global Sourcing Holdings PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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7 Feb 2023 15:54

UK shareholder meetings calendar - next 7 days

Wednesday 8 February 
AJ Bell PLCAGM
British Honey Co PLCAGM
Future PLCAGM
Grainger PLCAGM
Keystone Positive Change Investment Trust PLCAGM
Mitchells & Butlers PLCAGM
Thursday 9 February 
Compass Group PLCAGM
easyJet PLCAGM
Ethernity Networks LtdEGM capital raise
Oxford Metrics PLCAGM
Polar Capital Global Healthcare Trust PLCAGM
Triple Point VCT 2011 PLCGM re cancellation and extinguishment of shares
Tritax EuroBox PLCAGM
Zytronic PLCAGM
Friday 10 February 
Red Rock Resources PLCAGM
Victrex PLCAGM
Monday 13 February 
Cellular Goods PLCAGM
Tuesday 14 February 
Tui AGAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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27 Jan 2023 09:29

LONDON BROKER RATINGS: JPMorgan raises 888; Peel Hunt cuts Antofagasta

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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18 Jan 2023 09:47

LONDON BROKER RATINGS: Bank of America and Oddo BHF cut Whitbread

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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12 Jan 2023 09:40

LONDON BROKER RATINGS: UBS cuts Beazley; Berenberg likes Rio and BHP

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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6 Jan 2023 16:42

IN BRIEF: Tui appoints Pieter Jordaan as chief information officer

Tui AG - Hanover-based travel company - Says its Group Chief Technology Officer Pieter Jordaan has been appointed chief information officer of Tui Group. Notes Jordaan will report to Chief Executive Sebastian Ebel and will lead the IT leadership team. Says Jordaan will be responsible for the implementation of the strategic priorities in IT, including the expansion of dynamic production, new products, and the expansion of the Tui app.

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3 Jan 2023 12:13

LONDON MARKET MIDDAY: Stocks rally into 2023, defying IMF gloom

(Alliance News) - Stock prices in London were rallying into the new year at midday on Tuesday, despite global recession worries and a bleak economic backdrop in the UK, while the pound was sharply lower.

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3 Jan 2023 09:03

LONDON MARKET OPEN: Stocks jump in first session of 2023

(Alliance News) - Stock prices in London made a strong start to the new year on Tuesday, despite weak Chinese data and the UK suffering a fresh wave of rail strikes.

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