Rolls-Royce Prices £2 Bln-equivalent Bond Offering

(RTTNews) - Rolls-Royce Holdings plc (RYCEF.PK, RR.L, RYCEY.PK) announces that it has priced an offering of three tranches of senior unsecured notes denominated in US dollars, euros and sterling to raise gross proceeds of about £2 billion. The Notes will be issued by Rolls-Royce plc and guaranteed by the company.

The bond offering includes USD 1,000 million aggregate principal amount of 5.750% Notes due 2027; EUR 750 million aggregate principal amount of 4.625% Notes due 2026; and GBP 545 million aggregate principal amount of 5.750% Notes due 2027.

The company expects to close the Bond Offering on October 21, 2020. The proceeds would be escrowed and would be available to Rolls-Royce upon successful completion of its Rights Issue, the company said.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Markets Videos


    Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

    Learn More