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Aston Martin (UK)

1913

Private

Status: Performing

All payments are on time

All covenants met

BACK TO MARKET


Coupon

5.75%

Current Yield

5.5%

*
Estimated Yield to Maturity

4.4%

**
Maturity Date

15 Apr 2022

Next interest payment

15 Oct 2018

Interest Payment Frequency

6m

Next Call

15 April 2019 at 102.875
15 April 2020 at 101.4375
15 April 2021 at 100

Asset Security

First ranking charge over company assets

Industry

Automotive

Amount

£230,000,000

ISIN

XS1533915564

Business Description

Aston Martin is an iconic British manufacturer of luxury sports cars and grand tourers. It was founded in 1913 by Lionel Martin and Robert Bamford. The Group's cars are positioned in the expanding high luxury sports segment of the global automotive market. Car Models include: V8 Vantage, V12 Vantage S, DB9, DB11 (currently in launch phase), Vanquish, Rapide S (4-door), Zagato, Cygnet. The average selling price per vehicle was £137,000 in 3Q 2016.

* The coupon divided by the price. Where the coupon is partly dependent on Libor it uses market based Libor forecasts at each coupon date over the next 12 months.
** The estimated yield from holding a bond to maturity including interest and capital repayment and assuming interest is re-invested at the same yield. Please note this calculation may be adversely affected by features in bond such as calls or prepayments. Where the coupon is partly dependent on Libor it uses market based forecasts of Libor until the maturity date.
Please note that the current yield and yield to maturity are an estimated return calculation and not guaranteed. All yields shown are gross of taxation and our Service Fee.

Status: Performing


Notes:

The company currently has no outstanding notes.

Capital at risk. No FSCS cover. See Risk Statement.

 

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