Feb 10 (Reuters) - SSP Group, owner of the Upper Crust and Caffe Ritazza snack chains, is planning to raise up to 500 million pounds ($692.05 million) from shareholders to ride out the coronavirus-driven collapse in air travel, the Financial Times reported on.ft.com/3qb7l0x on Wednesday.
The British travel-food company is set to undertake a rights issue within weeks, the report said.
SSP raised 216 million pounds through a share issue in March last year. ($1 = 0.7225 pounds)
Reporting by Samantha Machado in Bengaluru; Editing by Aditya Soni