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Prospect News home > News index > List of issuers A > Headlines for Aston Martin Lagonda Global Holdings plc > News item |
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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