Simmons & Simmons and Allen & Overy (A&O) have taken lead roles on the rescue of stricken UK travel giant Thomas Cook. Thomas Cook, which had looked close to the brink of bankruptcy last week, negotiated a £200m loan facility on Friday with a consortium of banks led by Barclays, HSBC, RBS and UniCredit.
November 28, 2011 at 07:05 AM
1 minute read
The original version of this story was published on Legalweek
Simmons & Simmons and Allen & Overy (A&O) have taken lead roles on the rescue of stricken UK travel giant Thomas Cook.
Thomas Cook, which had looked close to the brink of bankruptcy last week, negotiated a £200m loan facility on Friday with a consortium of banks led by Barclays, HSBC, RBS and UniCredit.
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