Rolls-Royce : A major financing package at a high cost, but doubts persist
>Respite but at a high price - Rolls-Royce has finally decided (after an 83% fall in the share price YTD) to launch a major financing package of around £ 5bn in order to reduce its leverage but also to deflect questions on its liquidity beyond 2021 (the early financing of £ 1.3bn of debt and £ 1.9bn of its RCF) and to provide itself some leeway to prepare the new generation of engines. That said, this all comes at a cost. In detail, the group i/ has launched a capital...Rolls Royce Holdings is an engineering company. Co. is organised into five businesses: civil aerospace, which develops, manufactures, markets and sells commercial aero engines and aftermarket services; defense aerospace, which develops, manufactures, markets and sells military aero engines and aftermarket services; power systems, which develops, manufactures, markets and sells reciprocating engines and power systems; marine, which is develops, manufactures, markets and sells marine-power propulsion systems and aftermarket services; and nuclear, which develops, manufactures, markets and sells nuclear systems for civil power generation and naval propulsion systems.
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