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Aston Martin Lagonda Global Holdings plc announced on 22 July 2026 the closing of a new £550 million debt financing. This financing comprises a £450 million Senior Secured Term Loan and a £100 million Delayed Draw Term Loan, priced at 6.75% over SONIA and maturing July 2031, with HPS Investment Partners as lead lenders. The £450 million gross proceeds from the Senior Secured Term Loan repaid the Group's fully utilised £170 million super senior revolving credit facility and £20 million drawn under the Yew Tree Consortium facility, which were simultaneously cancelled, and set pro forma liquidity at approximately £340 million as of 30 June 2026.
| Date | 22 Jul 2026 |
| Time | 16:37:11 |
| Category | Capital structure |
| ID | 4672N |
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FURTHER, THIS ANNOUNCEMENT (INCLUDING THE APPENDICES) IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.
This Announcement contains inside information within the meaning of Article 7(1) of the assimilated Regulation No. 596/2016 as it forms part of the law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented.
22 July 2026
Aston Martin Lagonda Global Holdings plc
("Aston Martin", or the "Company", or, together with its subsidiaries, the "Group")
New £550 million debt financing, strengthening the Group's financial position to execute on its long-term growth ambition
Aston Martin today announces the closing of a new £550m debt financing (the "Financing") which strengthens the Group's financial position and provides further flexibility to execute on its long-term growth ambition. The Financing consists of a £450m Senior Secured Term Loan ("SSTL") and a £100m Delayed Draw Term Loan, priced at 6.75% over the prevailing SONIA base rate and maturing July 2031, with lead lenders being investment funds and accounts managed by HPS Investment Partners ("HPS"). There is an additional £100m permitted debt incurrence capacity, junior to the Financing.
The £450m gross proceeds from the SSTL have been used to repay both the Group's fully utilised £170m super senior revolving credit facility ("RCF") and the £20m drawn under the £50m facility committed by members of the Yew Tree Consortium ("YTC Facility") and to pay transaction costs, with the balance for general corporate purposes. The existing RCF commitments and the YTC Facility were simultaneously cancelled. The SSTL enhances the Group's pro forma liquidity as at 30 June 2026 to c.£340m.
As per the Group's previously announced outlook, the Company expects to continue delivering year-on-year improved financial performance, with a focus on margin expansion and cash flow generation, benefiting from the ongoing transformation programme initiatives and an enhanced product mix from the future portfolio of core and special models.
The Financing is secured against certain of the Group's assets situated in a newly incorporated subsidiary, together with certain other assets of the Group.
The Group's H1 2026 Results are scheduled to be published on 29 July 2026.
Doug Lafferty, Chief Financial Officer of Aston Martin, said:
"This new £550m debt financing significantly strengthens our liquidity, providing us with both additional resilience and further flexibility to execute our current and future product plans."
Advisers
Lazard & Co., Ltd and Moelis & Company UK LLP are serving as financial advisers to the Company and Latham & Watkins LLP and Simpson Thacher & Bartlett LLP are serving as legal advisers to the Company. Kirkland & Ellis International LLP is serving as legal adviser to HPS.
The person responsible for releasing this announcement on behalf of the Company is Liz Miles, Company Secretary.
Investors and Analysts
James Arnold Head of Investor Relations +44 (0)7385 222347
Maddie Herborn Investor Relations Analyst +44 (0)7345 000730
Media
Kevin Watters Director of Communications +44 (0)7764 386683
FGS Global
James Leviton and Ed Simpkins +44 (0)20 7251 3801
About Aston Martin Lagonda:
Aston Martin's vision is to be the world's most desirable, ultra-luxury British brand, creating the most exquisitely addictive performance cars.
Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin is acknowledged as an iconic global brand synonymous with style, luxury, performance, and exclusivity. Aston Martin fuses the latest technology, time-honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including Vantage, DB12, Vanquish, DBX and its first mid-engined PHEV, Valhalla. Aligned with its Racing. Green. sustainability strategy, Aston Martin is developing alternatives to the Internal Combustion Engine with a blended drivetrain approach, and plans to have a line-up of electrified sports cars and SUVs.
Based in Gaydon, England, Aston Martin Lagonda designs, creates, and exports cars which are sold in more than 50 countries around the world. Its sports cars are manufactured in Gaydon with its luxury DBX SUV range proudly manufactured in St Athan, Wales.
Lagonda was founded in 1899 and came together with Aston Martin in 1947 when both were purchased by the late Sir David Brown, and the company is now listed on the London Stock Exchange as Aston Martin Lagonda Global Holdings plc.
For more information, visit the website: https://www.astonmartin.com/corporate
Important notices
This Announcement should be read in its entirety. In particular, you should read and understand the information provided in the "Important Notices" section of this Announcement.
Lazard & Co., Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively as financial adviser to the Company and no one else in connection with the Financing and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Lazard & Co., Limited nor for providing advice in relation to the Financing or any other matters referred to in this announcement. Neither Lazard & Co., Limited nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Lazard & Co., Limited in connection with this announcement, any statement contained herein or otherwise.
Moelis & Company UK LLP ("Moelis"), which is regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively as financial adviser to the Company and no one else in connection with the Financing and other matters set out herein and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Moelis, or for providing advice in connection with the Financing or any matter referred to herein. Neither Moelis nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Moelis in connection with this Announcement, any statement contained herein or otherwise.