Aston Martin Cognizant owner AMR launches 7% five-year sterling bonds

By Marisa Wong

Los Angeles, Oct. 7 – AMR GP Finance plc, a wholly owned subsidiary of Aston Martin Cognizant F1 Team owner AMR GP Ltd., is proposing to issue 7% five-year sterling-denominated bonds.

The bonds will be guaranteed by the parent company.

Peel Hunt LLP is the lead manager.

The bonds are available to retail investors in the United Kingdom, the Isle of Man, Jersey and the Bailiwick of Guernsey and are being issued to finance the development, construction, operation and maintenance of AMR’s wind tunnel and new factory.

The offer period is expected to close on Nov. 1, and the bonds are expected to be issued on Nov. 8.

The Formula One racing team owner is based in Silverstone, England.

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