Aston Martin’s £55 million in additional Senior Secured Notes Offering

Simpson Thacher represented Aston Martin in connection with an offering of £55 million in additional aggregate principal amount of its existing 5.75% Senior Secured Notes due 2022.

The transaction closed on December 13, 2017. The net proceeds of the offering will be used to finance the acquisition of AM Brands Limited, which owns the rights to the non-automotive use of the Aston Martin brands.

The Simpson Thacher team included Gil J. Strauss (Picture) and Uma Sud (Capital Markets); Patrick Scott (Corporate); and Lucy Jenkins (Credit).

Involved fees earner: Gil Strauss – Simpson Thacher & Bartlett; Uma Sud – Simpson Thacher & Bartlett; Patrick Scott – Simpson Thacher & Bartlett; Lucy Jenkins – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Aston Martin Lagonda Ltd.;