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Germany’s TUI marketing €400 million seven-year notes offering; pricing early March 19 week
By Paul A. Harris
Portland, Ore., March 19 – Travel and tourism company TUI AG is in the market with a €400 million offering of seven-year notes, according to a London-based sellside source.
The deal is expected to price in the early part of the March 19 week.
Barclays, Commerzbank, HSBC and Credit Agricole CIB are managing the sale.
The Hannover, Germany-based issuer plans to use the proceeds for general corporate purposes.
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