Thomas Cook holding advanced talks for $180.68 million additional cash injection

The move is aimed at increasing the liquidity during the 2019-2020 winter low cash period.

On Monday, Thomas Cook Plc stated, it was holding advanced talks with noteholders for a $180.68 million (150 million) pound cash injection into the company.

This is in addition to the 750 million pound cash injection into the company as part of a rescue effort with top shareholder Fosun Tourism.

In a statement, Thomas Cook stated, the additional capital injection will provide it further liquidity during the 2019-2020 winter low cash period.



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