Aston Martin Lagonda Glo... Share Discussion Threads

[timc2645sg] 18/3/2024 12:25

I wasn't aware of that with a share I've now owned for many years, you helmet.

[timc2645sg] 18/3/2024 12:10

What a potk sword you are.

[kpe] 18/3/2024 11:00

That's a great statement. You do realise it's hit a 52 week low in this month.

[timc2645sg] 18/3/2024 10:53

Chesil, it isn't moving lower though is it.

[timc2645sg] 18/3/2024 10:49

Kpe you are a bellend.

[kpe] 18/3/2024 10:36

I'm not sure if you know but this company has been bankrupt so many times in its life. Nothing has changed.

[swiss tony] 14/3/2024 08:47

New bonds:

$137m per annum in interest

old bonds:

1.184 billion at 10.5% = $124.32 million $

121,660,456 at 15.0% = $18.249 million

Total $142.569m per annum

Saving $5.5 million per year. The old bond term was Nov 2025 and the new March 2029, i.e. 3 years and 5 months. Saving $19 million in interest, but how much will it cost?

AML have extended revolving credit from £70m to £170m, so £100m EXTRA in debt.

AML have also said cash will be used to fund this bond refinancing, how much?

When cash levels sink, when is the next CASH RAISE? AML are losing c.250m per year.

So OVERALL, AML are in a worse position with debt than they were.

[timc2645sg] 14/3/2024 08:42

I hear the drums echoing tonight
But she hears only whispers of some quiet conversation
She's coming in, 12:30 flight
The moonlit wings reflect the stars that guide me towards salvation
I stopped an old man along the way
Hoping to find some old forgotten words or ancient melodies
He turned to me as if to say, "Hurry boy, it's waiting there for you"
It's gonna take a lot to drag me away from you
There's nothing that a hundred men or more could ever do
I bless the rains down in Africa
Gonna take some time to do the things we never had
The wild dogs cry out in the night
As they grow restless, longing for some solitary company
I know that I must do what's right
As sure as Kilimanjaro rises like Olympus above the Serengeti
I seek to cure what's deep inside
Frightened of this thing that I've become
It's gonna take a lot to drag me away from you
There's nothing that a hundred men or more could ever do
I bless the rains down in Africa
Gonna take some time to do the things we never had
Hurry boy, she's waiting there for you
It's gonna take a lot to drag me away from you
There's nothing that a hundred men or more could ever do
I bless the rains down in Africa
I bless the rains down in Africa (I bless the rain)
I bless the rains down in Africa (I bless the rain)
I bless the rains down in Africa
I bless the rains down in Africa (gonna take the time)
Gonna take some time to do the things we never had

[swiss tony] 14/3/2024 08:32

New bonds:

$137m per annum in interest

old bonds:

1.184 billion at 10.5% = $124.32 million $

121,660,456 at 15.0% = $18.249 million

Total $142.569m per annum

Saving $5.5 million per year. The old bond term was Nov 2025 and the new March 2029, i.e. 3 years and 5 months. Saving $19 million in interest, but how much will it cost?

AML have extended revolving credit from £70m to £170m, so £100m EXTRA in debt.

AML have also said cash will be used to fund this bond refinancing, how much?

When cash levels sink, when is the next CASH RAISE? AML are losing c.250m per year.

So OVERALL, AML are in a worse position with debt than they were.

[swiss tony] 14/3/2024 08:24

New bonds:

$137m per annum in interest

old bonds:

1.184 billion at 10.5% = $124.32 million $

121,660,456 at 15.0% = $18.249 million

Total $142.569m per annum

Saving $5.5 million per year. The old bond term was Nov 2025 and the new March 2029, i.e. 3 years and 5 months. Saving $19 million in interest, but how much will it cost?

AML have extended revolving credit from £70m to £170m, so £100m EXTRA in debt.

AML have also said cash will be used to fund this bond refinancing, how much?

When cash levels sink, when is the next CASH RAISE? AML are losing c.250m per year.

So OVERALL, AML are in a worse position with debt than they were.

[timc2645sg] 14/3/2024 08:18

No they are not Timothy. You are a complete helmet.

[swiss tony] 14/3/2024 08:12

New bonds:

$137m per annum in interest

old bonds:

1.184 billion at 10.5% = $124.32 million $

121,660,456 at 15.0% = $18.249 million

Total $142.569m per annum

Saving $5.5 million per year. The old bond term was Nov 2025 and the new March 2029, i.e. 3 years and 5 months. Saving $19 million in interest, but how much will it cost?

AML have extended revolving credit from £70m to £170m, so £100m EXTRA in debt.

AML have also said cash will be used to fund this bond refinancing, how much?

When cash levels sink, when is the next CASH RAISE? AML are losing c.250m per year.

So OVERALL, AML are in a worse position with debt than they were.

[chesil356] 14/3/2024 05:08

That’s correct, and improves the terms so gets rid of the 15% loan note,so reduces the annual loan repayments.So this with the recent credit rating upgrades and institutional investor interest should be share price drivers.

[fundamentals23] 14/3/2024 00:10

I don’t think that’s diluting at all is it? It’s renegotiated the terms of its existing debt- so it’s all now aligned to 2029.

[tomavery19] 13/3/2024 19:41

Thats some dilution right there we may see 100p

[tonysss13] 13/3/2024 18:25

Aston Martin Lagonda Global Holdings plc

("Aston Martin Lagonda", the "Company" or the "Group")


Successful refinancing to strengthen the Company's
financial position and support long-term growth

Aston Martin Lagonda is pleased to announce the successful pricing of a £1.15 billion refinancing exercise which will further strengthen the Company's financial position and support its long-term growth.



The Group is pleased to announce that its subsidiary, Aston Martin Capital Holdings Limited (the "Issuer"), successfully priced $960 million aggregate principal amount of 10.000% Senior Secured Notes due 2029 and £400 million aggregate principal amount of 10.375% Senior Secured Notes due 2029 (the "Notes").



In addition, existing lenders have entered into a new super senior revolving credit facility agreement, increasing their binding commitments by circa £70 million to £170 million. This new undrawn facility provides the Company with additional liquidity as it continues to accelerate its growth strategy.



The offering of the Notes is subject to customary closing conditions and settlement is expected to occur on or around March 21, 2024. The proceeds from the offering of the Notes, if completed, together with cash on balance sheet, will be used to redeem in full the Issuer's existing senior secured notes and second lien split coupon notes, to repay in full the borrowings under its existing revolving credit facility and to pay expenses and fees in connection with the transactions, including the early interest payment in March that was due in April 2024.



Lawrence Stroll, Executive Chairman of Aston Martin, commented:


"Having reinvigorated our iconic brand and product portfolio, the successful pricing of this planned refinancing marks another significant step in transforming our balance sheet and aligning Aston Martin for a positive financial future.


"The strong demand from the global credit markets for our new five-year US dollar and pound sterling notes outlines continued confidence in our business strategy, while the simultaneous upgrade from leading credit agencies, represents the progress we've made to improve our balance sheet with the support of long-term strategic shareholders.



"With Aston Martin's long-term financing now secured, we can focus on the continued execution of our brand and product strategy which will underpin the attainment of our near and medium-term financial targets."

[timc2645sg] 13/3/2024 12:42

Yes, new tute.

[dealy] 13/3/2024 12:01

New holder in with 3%