Rolls-Royce plans to raise about 2.5 billion stg - FT
Global Economy
19 September, 2020, 10:05 pm
Last modified: 19 September, 2020, 10:07 pm
The British aero-engine group is planning to launch the equity raise in the first weeks of October
FILE PHOTO: A man looks at Rolls Royce's Trent Engine displayed at the Singapore Airshow in Singapore February 11, 2020. REUTERS/Edgar Su/File Photo/File Photo
Rolls-Royce Holdings Plc RR.L is looking to raise around 2.5 billion pounds ($3.2 billion) from investors and is in talks with sovereign wealth funds, including Singapore's GIC, the Financial Times reported on Saturday.
The British aero-engine group is planning to launch the equity raise in the first weeks of October, the report said.
Rolls-Royce and GIC did not immediately respond to Reuters requests for comment.
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