Delayed orders from clients hit French manufacturer, including at Derby site where 1,300 jobs at risk
Alstom plans to raise €1bn (£861m) to help cut its debt as the world’s second largest train maker struggles with delayed orders amid concerns about the future of its Derby factory.
The Paris-listed company will tap investors with the aim of raising the funds by September. It also plans a €750m bond issue as part of a €2bn new finance plan.
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Source link : https://www.theguardian.com/business/article/2024/may/08/struggling-train-maker-alstom-plans-to-cut-debt-with-rights-issue
Author : Jane Croft
Publish date : 2024-05-08 10:03:25
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