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Aston Martin preps huge financing package to fund electric future

By Owen Sanderson, Sam Kerr
28 Oct 2020

Aston Martin, the British luxury carmaker, has arranged a new financing package to strengthen its balance sheet and cash reserves as it embarks on an ambitious new partnership with German car giant Mercedes-Benz, to start producing electric cars. The bond leg, however, was launched into a difficult market, with the Crossover widening sharply during the first day of bookbuilding.

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By Owen Sanderson, Sam Kerr
28 Oct 2020