News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Tui launches second convertible in 18 months

Tui, a German shipping and tourism company, is set to launch a €715m ($962m) convertible bond, its second such issue in 18 months, as it refinances its debt following the €2bn acquisition of a Canadian shipping group two years ago.

Citigroup, Deutsche Bank and Unicredit are bookrunners for the latest convertible bond.

WSJ Logo