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Aston Martin launches £530 million equivalent five-year secured notes
By Paul A. Harris
Portland, Ore., March 23 – Aston Martin Capital Holdings Ltd. announced in a Thursday press release that it has launched a £530 million equivalent offering of senior secured notes due 2022.
The Gaydon, England-based automobile manufacturer plans to use proceeds from the Rule 144A and Regulation S offering to redeem the Aston Martin Capital Ltd. senior secured notes due 2018 and the Aston Martin Holdings (UK) Ltd. senior subordinated PIK notes due 2018 and for general corporate purposes.
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