Rolls-Royce to raise $6.5 bln to cope with COVID cash crunch
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Arab News
01.10.2020. 23:13
Rolls-Royce to raise $6.5 bln to cope with COVID cash crunch
LONDON: Rolls-Royce plans to raise a total of 5 billion pounds ($6.5 billion), including 2 billion from shareholders, to cope with a “worst case scenario” as the coronavirus travel crisis crushes the British engine maker’s cashflow. Airlines pay Rolls based on how many hours its engines fly in thei»»»
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