Rolls-Royce Considers Raising Up to GBP2.5 Billion to Improve Balance Sheet
By Matteo Castia
Rolls-Royce Holdings PLC said late Friday that it was
considering an equity raise of up to 2.5 billion pounds ($3.23
billion), one of several options being reviewed by the company to
strengthen its balance sheet.
The U.K. engineering company said the fundraise would be done
through a variety of structures, including a rights issue and
potentially other forms of equity issuance.
"Our review also includes new debt issuance," it added.
The company specified that it continues to evaluate all funding
options and that no final decision has been taken so far regarding
as to whether or when to proceed.
Write to Matteo Castia at email@example.com
(END) Dow Jones Newswires
September 21, 2020 02:04 ET (06:04 GMT)
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