Thomas Cook to obtain ВЈ200 million

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Source: Marketwatch
© Scanpix/Reuters

Thomas Cook Group PLC, the UK travel agency, reported that its bankers as Barclays, HSBC, Royal Bank of Scotland and UniCredit are ready to provide the company with a new credit line worth ВЈ200 million. Banks agreed to ease its current financial covenants thus providing Thomas Cook more flexibility to adapt to economic uncertainty.

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