Aston Martin has admitted to bond holders that it is in “advanced” talks with investors over an equity injection into the business after weeks of denials by its owner that a stake sale is underway.
In a presentation pack for its third quarter results sent to debt investors today, the company said: "Aston Martin, with the support of its shareholders, confirms that discussions are at an advanced stage to secure a capital increase which will ensure it can deliver its medium and long-term growth plans," according to extracts seen by Private Equity News.