Source - Alliance News
Aston Martin Lagonda Global Holdings PLC - Gaydon, England-based luxury sports car maker - Launches offer of £1.14 billion in five-year senior secured debt notes. Also enters new super senior revolving credit facility with its existing lenders, who have agreed to increase their commitment to £170 million from £100 million. Aston Martin says the proceeds from the note offer will be used to repay other notes, as well as all borrowings under its current RCF.
Current stock price: 158.20 pence, up 1.2% in London on Monday
12-month change: down 35%
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