Thomas Cook repays €400 million bond

Thomas Cook repays €400 million bond

Thomas Cook Group today confirmed that it had repaid a €400 million bond.

This follows the refinancing of the travel group’s banking facilities announced alongside the group’s half-year financial results in May.

This covered an extended £800 million financial facility, up £330 million on the previous lending arrangement.

The repayment is “in line with the company's objectives to reduce debt and improve its capital structure,” the company said this morning.


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