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Share Price: 590.50

Bid: 585.50

Ask: 586.50

Change: 17.00 (2.96%)

Spread: 1.00 (0.171%)

Open: 577.00

High: 606.00

Low: 573.00

Prev. Close: 573.50

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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

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10 Aug 2022 09:20

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(Alliance News) TUI AG on Friday confirmed it paid back EUR671 million in German government aid to the Economic Stabilisation Fund, as previously announced in May.

24 Jun 2022 12:24

LONDON MARKET MIDDAY: Stocks rise on US Fed pledge to fight inflation

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24 Jun 2022 09:50

TUI announces board changes as CEO resigns

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IN BRIEF: Tui upsizes bond issue with tap offering

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