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Tuesday, 21 May 2013

Bond in driving seat in Aston Martin investment

M&A with M and Q

Its high-yield bond, that is. A $240 mln injection from Investindustrial should boost research and growth at 007’s favourite carmaker and spare some of its Kuwaiti owners’ blushes. But creditors are the immediate winners. After a rough ride, the bonds have roared back towards par.

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