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KfW Ipex-Bank is part of a banking consortium, which accompanies the expansion of TUI Cruises with large-scale financing[ds_preview]. This includes the appointment of two ships at the Meyer Werft Turku. Together with UniCredit and another European commercial bank the KfW Ipex-Bank as bookrunner had structured the overall financing of new vessels for TUI Cruises and secured by the pledge of the total amount of credit the order for Meyer Turku shipyard, the bank said in a statement. Even more banks have participated in the financing.

According to KfW Ipex, TUI Cruises with its »Mein Schiff« fleet is one of the fastest growing cruise providers in the German market. Currently »Mein Schiff 5« and »Mein Schiff 6« are under construction, whereby the fleet will grow up to six vessels by 2017. Both ships currently ordered will replace »Mein Schiff 1« and »Mein Schiff 2« in 2018 and 2019.