We use cookies to improve your experience. By using BondbloX, you agree to our use of cookies.

Aston Martin’s bonds continue to move toward record lows amid concerns about the company’s cash position. The company burned through over £300mn in cash in each of the first halves of 2024 and 2025, and analysts believe it could run out of cash by the end of 2Q2026 without fresh funding. Aston Martin has thus far relied on shareholder support to stay afloat with its key backers including the likes of Lawrence Stroll, China’s Geely, and Saudi Arabia’s Public Investment Fund. Last year it raised over £125mn through the sale of its F1 team stake and additional investment from Stroll, and earlier this year announced a further £50mn by selling its F1 naming rights to Stroll’s holding company. It also issued its third profit warning in a year, flagging a larger-than-expected annual loss. Moreover, Aston Martin has been hit by Trump’s tariffs on UK car imports, which have weighed on US sales, and faced delays in rolling out its hybrid Valhalla supercar. The company ended FY2025 with £250mn in cash and has expressed confidence in a turnaround for 2026. However, its GBP and USD bonds have fallen from over 90 at the start of the year to trade below 80 currently.
For more details, click here