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Thomas Cook Group (TCG)

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Tuesday 10 April, 2012

Thomas Cook Group

Response to Press Speculation Regarding Financing

RNS Number : 9802A
Thomas Cook Group PLC
10 April 2012
 

9 April 2012

 

Thomas Cook Group plc

 

Response to Press Speculation Regarding Financing

 

 

Thomas Cook Group plc confirms that it is in advanced discussions with its banking group about extending its financing arrangements.

These discussions are part of the result of the strategic review the Group has undertaken since agreeing terms of a new facility in November 2011. The Group expects to report in more detail on the results of that review by the time of the interim results. In addition to the revised financing arrangements, the previously announced asset disposal programme and the sale of Thomas Cook India, the Group is exploring a possible sale and leaseback of certain aircraft.

 

 

 

Enquiries:

 

Thomas Cook Group plc

Investor Relations (Analysts & Investors)                               +44 (0) 20 7557 6413/4

 

Finsbury                                

Faeth Birch (Press)                                                                +44 (0) 20 7251 3801

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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