Aston Martin Bondholders Go to Court Over £450M Loan That Moved Its Brand Rights
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Two U.S. investment firms are looking in New York for documents on a £450 million loan that transferred most of Aston Martin's trademark rights to an outside owner.
Aston Martin Bondholders Go to Court Over £450M Loan That Moved Its Brand Rights
Two US investment firms have asked a New York court to compel disclosure over the £450 million loan that shifted most of Aston Martin's brand rights to an outside owner. Arini Capital Management and Tresidor Investment Management want documents from the lenders and their advisers. The Aston...
James Bond's iconic car brand has agreed with BlackRock to avoid bankruptcy
Morning briefing: New City High Yield exits Aston Martin after debt refinancing
New City High Yield Fund (NCYF) fund manager Ian “Franco” Francis said he and co-manager Darren Toner sold Aston Martin’s 10.375% 2029 bond after a controversial £550m debt financing in July by BlackRock’s private credit subsidiary HPS Investment Partners altered the debt’s asset backing. The Financial Times reported last month that bond holders were considering […]
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