Aston Martin Lagonda Global Holdings plc (GB:AML) has released an update.
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.
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