Rolls-Royce plans to raise about 2.5 billion pounds - FT

The aero-engine maker is planning to launch the equity raise in the first weeks of October, the report added.A representative for Rolls-Royce declined to comment on the FT report, while GIC did not immediately respond to Reuters' request for a comment.The Derby-based business has been reviewing funding options for the past few months, including debt and equity, to boost its balance sheet, which has suffered a blow from travel restrictions linked to the COVID-19 pandemic.