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Financials

Holidays group Saga tweaks credit covenants on COVID-19 travel curbs

March 5 (Reuters) - Saga has agreed to amend covenants on its credit facilities and a one-year extension to defer some debt, gaining enough breathing space if COVID-19 travel curbs were to continue into the second half of 2021.

The over-50s holidays group also said on Friday that it continues to see strong pent-up demand for travel among its customers. (Reporting by Muvija M in Bengaluru; Editing by Ramakrishnan M.)

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