Updated
Updated · Bloomberg · May 11
Rolls-Royce plans dual-tranche euro bond sale
Updated
Updated · Bloomberg · May 11

Rolls-Royce plans dual-tranche euro bond sale

9 articles · Updated · Bloomberg · May 11
  • The aerospace and defence supplier is preparing five- and 10-year notes, its first euro-denominated debt sale since 2020, and has scheduled investor calls for Monday.
  • A person familiar with the matter said proceeds will be used for general corporate purposes as the company seeks to cushion its business from the Middle East war.
  • The planned issuance would give Rolls-Royce additional funding flexibility as conflict-related disruption adds pressure for companies with exposure to aerospace and defence markets.
Is Rolls-Royce's euro bond a war buffer or just smart timing to tap a booming credit market?
Does this bond sale signal a wider corporate shift away from the US dollar towards the euro?