Aston Martin braves battered markets to launch rights issue
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EquityFollow-ons and Rights issues

Aston Martin braves battered markets to launch rights issue

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Aston Martin, the UK automobile manufacturer, has launched its £317m ($408.78m) rights issue as part of an overall £500m equity raise. The funding is part of a strategic turnaround plan for the misfiring company, and comes despite markets being spooked over the spread of the Covid-19 coronavirus.

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