England's Aston Martin plans to start roadshow Tuesday for £300 million seven-year notes

By Paul A. Harris

Portland, Ore., June 6 - England's Aston Martin Capital Ltd. will begin a roadshow on Tuesday in London and Edinburgh for a £300 million offering of seven-year senior secured notes (B2), according to a market source.

The roadshow travels to Frankfurt and Paris on Wednesday.

On Thursday the deal will be presented again in London, at the Deutsche Bank European Corporate and High Yield Bond Conference.

Deutsche Bank AG, which will bill and deliver, is a joint bookrunner along with Credit Suisse and UBS.

The Rule 144A and Regulation S for life notes come with three years of call protection.

The Gaydon, England-based manufacturer of luxury sports vehicles plans to use the proceeds to repay bank debt, as well as to redeem preferred shares and to fund a dividend to its shareholders.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.