New £550 million debt financing

In brief · summary, not quotable

Aston Martin closes £550m debt financing comprising £450m senior secured term loan and £100m delayed draw facility.

Total debt financing £550m
Senior Secured Term Loan £450m
Delayed Draw Term Loan £100m
Interest rate 6.75% over SONIA
Maturity July 2031
Pro forma liquidity at 30 June 2026 c.£340m

Full announcement

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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.

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.

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.