Aston's bond issue highlights recognition of "capabilities and confidence in our strategy"
22 June 2011

Aston Martin has completed a £304m bond issue to secure the company’s financial stability over the next seven years.

In the short-term Aston is working on revised versions of today’s models, for launch in 2012, and longer-term ground-up new ones for the middle of the next decade.

"Our successful bond issue represents a milestone and provides strong, long-term financial foundations for the company as we enter a new phase of growth," said Aston CEO Uli Bez.

Aston says the success of the bond issue highlights investor recognition of its "capabilities and confidence in our strategy".

Last year Aston says it lifted sales by 36 per cent and increased earnings before tax (EBITDA) by 61 per cent.

With solid financial backing, Aston new believes it can move forward with significant new developments: “We look forward to capitalising on the many opportunities ahead of us.”

Aston believes its growth will be driven both by the continuing recovery in its traditional markets and the opening up of new markets.

See all the latest Aston Martin reviews, news and video

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Citroën C3 Aircross
    First Drive
    17 October 2017
    It's got funky looks and a charming interior, but it's another small SUV, and another dynamic miss. Numb steering is just one thing keeping it from class best
  • Skoda-Karoq 2.0 TDI 4x4
    First Drive
    16 October 2017
    Diesel version of Skoda’s junior SUV is unobtrusive and undemanding, but we’d still go for the silkier petrol version of the Karoq
  • Audi Q7 e-tron
    First Drive
    16 October 2017
    Expensive and flawed but this understated diesel-electric Audi Q7 has a lot to offer
  • Citroën C3
    First Drive
    16 October 2017
    Is the third gen Citroën C3 ‘fresh and different’ enough to take on its supermini rivals? We spend six months with one to find out
  • BMW X3
    First Drive
    15 October 2017
    A satisfying rework of the X3 that usefully improves its handling, cabin finish, space and connectivity to make this BMW a class front-runner again