Shares

Rolls-Royce rights issue potentially incoming

A Rolls-Royce rights issue is potentially inbound as the company today commented on media reports regrading a fund raising.

Responding to the media speculation, Rolls-Royce noted that it continues to revenue all funding options with a view to enhancing balance sheet strength.

One of these options includes evaluating the benefits of raising £2.5bn with a rights issue a possibility in addition to debt issuance.

The company added that it would make a further announcement when it is appropriate to do so, highlighting that it has started the second half of the year with liquidity of £6.1bn.

Shares in Rolls-Royce sunk 10 percent following the news to 161p.

Let's Talk

Argo Blockchain Share Price Predi …0.80p :D. Just kidding. Will rise after placing, always do. No rea … Read More
Remote Monitored Systems shares - …Hahahaha. The RMS patrol are still out and about - just sell out o … Read More
What shares is everyone buying no …Cine I know it's a risky but its got a lot of volume. BP on t … Read More
The rise of the COVID stocks revi …Tough shout with SNG but it doesn't seem to have long to get … Read More
Massive ODX overreaction?Seems like someone has a big axe to grind with the UK RTC or the g … Read More
Hey, profit awaits! Free Sharebuyers Newsletter

Receive the hottest share tips and information you can profit from. Twitter: @ShareBuyers.