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Aston Martin revs up for £300m high-yield bond

The luxury car manufacturer favoured by James Bond is planning to issue debt to finance future growth

Aston Martin, the luxury car manufacturer favoured by James Bond and investment bankers, has shrugged off the financial crisis and is planning to raise £300m through a high-yield bond issue to finance future growth.

The company has announced that it plans to raise £300m in seven-year senior secured notes, without describing the detail of the terms of any bond issue.

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