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Prospect News home > News index > List of issuers A > Headlines for Aston Martin Capital Holdings Ltd. > News item
Published on 10/27/2020 in the Prospect News High Yield Daily.

Aston Martin offering £840 million equivalent of five-year notes

By Wendy Van Sickle

Columbus, Ohio, Oct. 27 – Aston Martin Lagonda Global Holdings plc said its subsidiary, Aston Martin Capital Holdings Ltd., is launching an offering of £840 million equivalent of senior secured notes due 2025, according to a news release.

Proceeds would be used with other funds to redeem in full the issuer's existing senior secured notes, to repay certain other existing debt and for general corporate purposes, including working capital and capital requirements.

The automobile manufacturer is based in Gaydon, England.


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