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Market Chatter: Aston Martin Reportedly Seeks Funding Backed by Company Assets

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Aston Martin Lagonda Global Holdings (AML.L) is seeking new financing backed by company assets that would be put beyond the reach of existing creditors, Bloomberg News wrote Friday, citing people familiar with the matter.

The London-listed luxury car group is reportedly in discussions with funds including BlackRock's HPS Investment Partners for new financing. Law firm Simpson Thacher serves as adviser to the company, the sources added.

Aston Martin and HPS did not immediately respond to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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