The three banks selling a high-yield bond for TUI, Europe's largest tourism group, could increase it by almost 80% to €625m ($743m) due to investor demand.

Royal Bank of Scotland, Commerzbank and WestLB, the three banks running the bond sale plan to close the books on Thursday.

Miles Costello

Commerzbank

Hapag-Lloyd

Royal Bank of Scotland

Moody's

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Demand pushes TUI bond up 80%

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