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$3.5 Billion Aston Martin Lagonda Global to Raise $277 Million via New Shares Issuance to Pay High Interest Debt & Raise Capital for Electric Strategy
4th August 2023 | Hong Kong
Aston Martin Lagonda Global (Market value 4/8/23: $3.5 billion) has announced to raise $277 million (£216 million) via new shares issuance to pay existing high interest debt & raise capital for Aston Martin electric strategy. Chairman Lawrence Stroll’s Yew Tree consortium, Public Investment Fund (Saudi Arabia), Geely International and Mercedes-Benz Group had agreed to buy the new shares issued.
“ $3.5 Billion Aston Martin Lagonda Global to Raise $277 Million via New Shares Issuance to Pay High Interest Debt & Raise Capital for Electric Strategy “
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$3.5 Billion Aston Martin Lagonda Global to Raise $277 Million via New Shares Issuance to Pay High Interest Debt & Raise Capital for Electric Strategy
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