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  • British aerospace giant Rolls-Royce, facing plunging demand as coronavirus sparks an air transport crisis, launched plans Thursday to boost its finances by £5.0 billion ($6.4 billion, 5.5 billion euros). Rolls-Royce said in a statement that the package would comprise £2.0-billion share rights issue, a bond offering of at least £1.0 billion, a new £1.0-billion loan facility, plus support from UK Export Finance for an extension of an existing loan guarantee of up to £1.0 billion. ved-rfj/bmm
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  • Virus-hit Rolls-Royce launches £5.0-bn plan to boost finances
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