Sun, 05th Apr 2020 23:21
April 5 (Reuters) - UK aero-engine maker Rolls-Royce will
abandon its targets on profits, cash and deliveries, and suspend
its dividend, due to the coronavirus outbreak, the Financial
Times reported late on Sunday.
Rolls-Royce is also aiming to announce new credit facilities
in excess of 1 billion pounds ($1.22 billion) to bolster
liquidity, the newspaper said https://on.ft.com/2ULsL7q.
($1 = 0.8164 pounds)
(Reporting by Bhargav Acharya in Bengaluru; Editing by Daniel
Wallis)
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