Rolls-Royce To Raise $6.5 Billion To Cope With COVID Cash Crunch
Rolls-Royce To Raise $6.5 Billion To Cope With COVID Cash Crunch Via Reuters: Rolls-Royce RR.L 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 their larger jets and worries over a long-haul travel […]