IN BRIEF: Moody's Downgrades Rating On Aston Martin Notes

Thu, 02nd Jul 2020 05:45

Aston Martin Lagonda Global Holdings PLC - luxury carmaker headquartered in Gaydon, Warwickshire - Moody's Investors Service downgraded the instrument ratings on Aston Martin Capital Holdings Ltd's senior secured notes to Caa2 from Caa1. Additionally, Moody's affirmed Aston Martin Lagonda Global's Caa1 corporate family rating as well as its Caa1-PD probability of default rating. The outlook for Aston Martin Lagonda Global remains negative.

Current stock price: 50.35 pence

Year-to-date change: down 71%

By Anna Farley; annafarley@alliancenews.com

Related Shares

More News

15 Apr 2024 09:49

LONDON BROKER RATINGS: UBS raises Crest Nicholson; Stifel cuts CRH

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

11 Apr 2024 14:25

Aston Martin to make petrol cars "for as long as allowed" — Stroll

(Alliance News) - Gaydon, England-based luxury carmaker Aston Martin Lagonda Global Holdings PLC will continue to produce traditional combustion-engin...

5 Apr 2024 15:22

London close: Stocks finish lower as US payrolls top forecasts

(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawki...

4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK se...

4 Apr 2024 14:26

FTSE 250 movers: Media stocks Future and Ascential see shares surge

(Sharecast News) - Future stole the show on Thursday after the media group reported a return to organic revenue growth in its second quarter, largely ...