EIB confirms £280m support for Rolls-Royce aero engines

Posted on 4 Sep 2015 by Jonny Williamson

The European Investment Bank (EIB) has officially agreed to support the research and development of Rolls-Royce aero engines through a £280m long-term loan.

The seven-year loan is the largest ever given by Europe’s long-term lending institution to Rolls-Royce for investment in the research and development of the higher thrust version of its Trent XWB aero-engine. Jonathan Taylor, vice president, European Investment Bank. The EIB has provided more than £723m for investment by Rolls-Royce in…

This content is for subscribers only. Subscribe now for free to read the full article.