Rolls-Royce plans to issue euro bonds for the first time since 2020

robot
Abstract generation in progress

Investing.com – According to Bloomberg on Monday, Rolls-Royce is preparing to issue euro-denominated bonds for the first time in six years, aiming to protect the company’s operations from disruptions caused by the Middle East conflict.

Sources familiar with the matter said that Rolls-Royce has commissioned several banks to arrange a dual-tranche bond issuance, with maturities of 5 and 10 years. An investor conference call is scheduled for Monday, and the proceeds will be used for general corporate purposes.

In a business update released last month, Rolls-Royce stated that it expects to fully offset the current financial impact of business disruptions caused by the Middle East conflict. The company said it would take appropriate measures to address operational disruptions while maintaining its full-year 2026 guidance, which includes an underlying operating profit of £4 billion (approximately $5.4 billion) to £4.2 billion and free cash flow of £3.6 billion to £3.8 billion.

According to reports, the bond issuance is jointly arranged by BNP Paribas, Crédit Agricole CIB, Goldman Sachs International, Lloyds Banking Group, Banco Santander, and Société Générale.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin