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Prospect News home > News index > List of issuers T > Headlines for Thomas Cook Group plc > News item |
Fitch cuts Thomas Cook
Fitch Ratings said it downgraded Thomas Cook Group plc’s long-term issuer default rating to C from CC.
The downgrade follows the announcement by the company of the proposed key commercial terms of the recapitalization plan with Fosun Tourism Group, core lending banks and a majority of senior bondholders.
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