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RYCEY Rolls Royce Holdings PLC (PK)

5.24
0.24 (4.80%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Rolls Royce Holdings PLC (PK) USOTC:RYCEY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.24 4.80% 5.24 5.21 5.24 5.24 5.15 5.16 4,097,420 21:00:03

Rolls-Royce Considers Raising Up to GBP2.5 Billion to Improve Balance Sheet

21/09/2020 7:19am

Dow Jones News


Rolls Royce (PK) (USOTC:RYCEY)
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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 matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

September 21, 2020 02:04 ET (06:04 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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