Aston Martin raises $277 million via equity to cut debt By Reuters

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<span>© Reuters. FILE PHOTO: The Aston Martin logo is seen on a V12 Vantage car at the company’s factory in Gaydon, Britain, March 16, 2022. Picture taken March 16, 2022. REUTERS/Phil Noble</span><br />
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<p>(Reuters) – Aston Martin said on Tuesday it has raised 216 million pounds ($277 million) in equity to cut down its expensive debt.</p>
<p>The company offered 58.2 million new shares at 371 pence per share, representing a 6.2% discount to the stock’s closing price on Monday. ($1 = 0.7798 pounds) </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/aston-martin-raises-277-million-via-equity-to-cut-debt-3139965">Source link </a></p><p>The post <a href="https://forextraderhub.com/aston-martin-raises-277-million-via-equity-to-cut-debt-by-reuters.html">Aston Martin raises $277 million via equity to cut debt By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>