Aston Martin Lagonda Global Stock News
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London, Sep 17, 04:35 pm BST.
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Aston Martin Lagonda Global Stock News
A group of Aston Martin's creditors has threatened legal action against the carmaker after learning that it plans to sell a portion of its branding and naming rights as part of a new debt financing package, the Financial Times reported on Monday.
Aston Martin said on Wednesday it had secured £550 million ($735.57 million) in new debt financing led by funds managed by BlackRock-owned HPS Investment Partners, strengthening the luxury carmaker's financial position.
Luxury carmaker Aston Martin said on Friday it has ongoing discussions with potential financing providers, following a media report that it is in talks with lenders including BlackRock-owned HPS Investment Partners.
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