9-Apr-2020 8:47 AM
TUI Group signs EUR1.8bn state aid bridging loan with KfW
TUI Group signed (08-Apr-2020) a EUR1.8 billion state aid bridging loan with KfW as part of the COVID-19 state support programme. TUI CEO Fritz Joussen commented: "The German government has acted quickly to support jobs and companies during these exceptional times. We are now preparing intensively for when our operations can resume after the coronavirus crisis". [more - original PR]