Key facts
- Aston Martin secured £550 million ($735 million) in new debt financing.
- The financing was led by funds managed by BlackRock-owned HPS Investment Partners.
- The deal includes a £450 million senior secured term loan and a £100 million delayed draw term loan.
- Pro forma liquidity is expected to increase to about £340 million as of June 30.
Aston Martin announced on Wednesday that it has secured £550 million ($735 million) in new debt financing, led by funds managed by BlackRock-owned HPS Investment Partners. This move is intended to strengthen the luxury carmaker's financial position.
The financing package consists of a £450 million senior secured term loan and a £100 million delayed draw term loan, along with an additional £100 million in permitted debt incurrence capacity. The company has faced challenges with cash burn and declining sales, partly due to U.S. tariffs and weak demand in China, which has contributed to a roughly 44% drop in its share price this year.
Aston Martin stated that this financing will bolster its balance sheet and is projected to increase its pro forma liquidity to approximately £340 million as of June 30. The company is scheduled to publish its half-year 2026 results on July 29.