Brief: Aston Martin Announces New £550 Million Debt Financing
BRIEF-Aston Martin Announces New £550 Million Debt Financing July 22 (Reuters) - Aston Martin AML.L:
ASTON MARTIN LAGONDA - NEW £550 MILLION DEBT FINANCING
ASTON MARTIN - FINANCING INCLUDES £450 MILLION SSTL AND £100 MILLION DELAYED DRAW TERM LOAN MATURING JULY 2031
ASTON MARTIN - ADDITIONAL £100 MILLION PERMITTED DEBT INCURRENCE CAPACITY JUNIOR TO FINANCING
ASTON MARTIN - £450 MILLION SSTL PROCEEDS USED TO REPAY £170 MILLION RCF AND £20 MILLION YTC FACILITY
ASTON MARTIN - EXISTING RCF COMMITMENTS AND YTC FACILITY CANCELLED
ASTON MARTIN - PRO FORMA LIQUIDITY AS AT JUNE 30, 2026 ENHANCED TO ABOUT £340 MILLION
ASTON MARTIN: FINANCING IS SECURED AGAINST CERTAIN OF GROUP'S ASSETS SITUATED IN A NEWLY INCORPORATED SUBSIDIARY
ASTON MARTIN: EXPECTS TO CONTINUE DELIVERING YEAR-ON-YEAR IMPROVED FINANCIAL PERFORMANCE
Source text: ID:nRSV4672Na
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