Aston Martin  5.75% 15 Apr 2022

Description Bond Information Company Information Capital Structure Key Financials Reports News & Stories

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.

Bond Information

Coupon

5.75%

Maturity Date

15 Apr 2022

Next Interest Payment

15 Apr 2020

Interest Period

6 months

ISIN

XS1533915564

Asset Security

First ranking charge over company assets

Amount

£285,000,000

Ratings

S&P:  CCC+, Moody's:  B3

Call Schedule

15 Apr 2019 at 102.875
15 Apr 2020 at 101.438
15 Apr 2021 at 100

Status

Payments on time

* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Company Information

Company Legal Name

Aston Martin Capital Holdings Ltd

Year of Incorporation

1913

Ownership Status

Public

Country of Origin

UK

Industry

Automotive

Capital Structure

Senior Debt

21%

Equity

79%

Cash

-1.2%

Senior Notes (combined)

6.2%

Content Liabilities

12.0%

Net Debt

17.0%

Equity

83.0%

Enterprise Value

100.0%

EDITDA

£883,000,000

Cash interest

£226,400,000

Type £m x EBITDA* % of capitalisation* Maturity* Coupon* EBITDA/Interest*
Cash na na na na na na
Bank Loans and Overdrafts na na na na na na
$400m Senior Secured Notes na na na na na na
£285m Senior Secured Notes na na na na na na
Net Senior Debt na na na na na na
Market Cap na na na na na na
Enterprise Value na na na na na na
             
EBITDA 231.60          
Cash Interest 36.20          

Source: Public company information. Equity value estimate based on 16x EBITDA multiple of Ferrari

* An asterisk next to an item indicates there is additional information available if you hover over it. You can also find a definition of the terms used on this page in our Glossary.

Based on London Stock Exchange Market Capitalisation as of 18.07.2019

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Key Financials (£m) 2015A 2016A 2017A 2018A 6m 2018 6m 2019
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n/a n/a n/a n/a n/a n/a n/a
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Source: Public Company information

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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