Share Boost for Uk Tour Operator

Daily PostJuly 19, 2011

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Summary


TOUR operator Thomas Cook gave a lift to its beleaguered share price by announcing a one-year extension to its banking facilities yesterday.

The new arrangement, which comprises a pounds 200 million loan and pounds 850 million credit facility through to May 2014, comes a week after Thomas Cook shocked markets with its third profits warning in a year.

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Share Boost for Uk Tour Operator

Shares opened more than 4% hi...

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