an einen neuen Kredit bzw. an eine Ausweitung der Kreditrichtlinien.
Sind auch recht knackig. Verlust für Thomas Cook = automatische Fälligkeit der Kredite (1 Milliarde Pfund). Weniger als 250 Millionen Pfund Gewinn vor Steuern, Abschreibungen usw = Kredite werden fällig gestellt
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In its last month’s debt covenant renegotiation, Thomas Cook’s lenders agreed that the group’s adjusted net debt could now be up to 4.5 times earnings, before interest, tax, depreciation, amortisation and restructuring costs at the end of December, and up to 4.25 times after that. This is an increase from 3.75 times Ebitdar that was agreed in May 2010 – before the trading was squeezed by factors including the impact of the Icelandic volcanic ash cloud. |