Aston Martin Lagonda Global Holdings plc (GB:AML) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Aston Martin Lagonda Global Holdings plc has bolstered its financial stability by securing a private placement of £135 million in senior secured notes, aimed at repaying existing debts and supporting corporate growth. The notes, due in 2029, are part of a strategic effort to enhance liquidity and facilitate the company’s ongoing product transformation and anticipated cash flow improvements. This move has been met with positive reactions from capital markets following encouraging demand from existing bondholders.
For further insights into GB:AML stock, check out TipRanks’ Stock Analysis page.
