Aston Martin revs up for £300m high-yield bond

The luxury car manufacturer favoured by James Bond is planning to issue debt to finance future growth

Monday 6 June 2011 at 11:30

Aston Martin, the luxury car manufacturer favoured by James Bond and investment bankers, has shrugged off the financial crisis and is planning to raise £300m through a high-yield bond issue to finance future growth.

The company has announced that it plans to raise £300m in seven-year senior secured notes, without describing the detail of the terms of any bond issue.