Rolls can start engines after bonds raised £ 5bn – The Times

Rolls can start engines after bonds raised £ 5bn – The Times

Rolls-Royce, the struggling jet engine maker, hit its £ 5bn bailout recapitalization target after receiving stronger than expected support from debt markets. The company has raised £ 2bn through bond sales, double its original target, in addition to a city-backed £ 2bn mobilization from equity investors and a billion pounds in loans from its bankers. […]

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