Rolls-Royce issues statement over funding options

Click to read the article in full.  

Rolls-Royce has issued a statement on funding after "recent media speculation" but added that no final decision had yet been made.

The engineering giant said it is continuing to "review a range of funding options to further strengthen our balance sheet" which could include debt and equity.

The listed company did not outline the source of the speculation.

In the statement, Rolls-Royce said: "We have already taken swift action to strengthen our liquidity with £6.1bn at the end of the first half of the year and a further £2bn term loan agreed in the second half.

"We have also announced £1bn of cost mitigation activity in 2020 and launched a reorganisation of our Civil Aerospace business

 link source - Insider Media

Continue reading this article at the original source Here