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Wed, 22 Jul 2026

Wed, 22 Jul 2026 Aston Martin secures £550m loan deal

The luxury car maker says the loans will be used to fund current and future product plans.
Aston Martin has secured £550m in loans from HPS Investment to bolster its balance sheet and fund future product plans, including a £450m senior secured-term loan and a £100m delayed draw term loan. The luxury car maker has been struggling financially due to US tariffs and weak demand in China, resulting in a 50% increase in last year's net losses to £493.2m. To address the issue, Aston Martin announced job cuts of around 600 positions in March, aiming for annual savings of £40m. The new funding will provide additional liquidity and flexibility for the company to execute its current and future product plans, according to Chief Financial Officer Doug Lafferty.