Aston Martin Lagonda Global Holdings (AML): Balance sheet and cash burn
This situation live
AML Aston Martin Lagonda Global Holdings
28 Oct 2026 · Refinanced in July; still cash-negative, net debt £1,572m · +0% since
Completion of July 2026 debt financing supports total liquidity of c. £320m
Balance sheet and cash burn
Refinanced in July; still cash-negative, net debt £1,572m
FEB24
Next: FY 2026 free cash outflow and net debt at results in 118 days
Every step · 1
- 28 Oct 2026 Refinanced in July; still cash-negative, net debt £1,572m – Completion of July 2026 debt financing supports total liquidity of c. £320m ↗
What is happening
Aston Martin Lagonda Global Holdings: Balance sheet and cash burn – Refinanced in July; still cash-negative, net debt £1,572m. ['Refinanced in July; still cash-negative, net debt £1,572m']
- In short
- A new £550m debt financing from HPS closed on 22 July 2026, replacing the RCF. At 30 Sept 2026 liquidity was £322m and net debt £1,572m (31 Dec 2025: £1,380m). YTD free cash outflow was £225m against £415m a year earlier. Management guides to a materially better FY 2026 outflow than the prior year's £410m.
- Announced
- 28 Oct 2026 · Refinanced in July; still cash-negative, net debt £1,572m
- New financing
- £550m: £450m SSTL plus £100m delayed draw term loan, closed 22 July 2026
- Pricing
- 6.75% over SONIA, maturing July 2031
- Liquidity
- £321.6m at 30 Sept 2026
- Net debt
- £1,572.3m at 30 Sept 2026 vs £1,380.3m at 31 Dec 2025
- Free cash outflow
- £225.2m YTD 2026 vs £415.0m YTD 2025
- Next milestone
- FY 2026 results expected 24 Feb 2027
What comes next
FY 2026 free cash outflow and net debt at results (24 Feb 2027).
From the company's own announcements. Not investment advice.
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