Despite the luxury carmaker’s difficulties, major investors such as the Saudi Arabian sovereign wealth fund continue to have faith in it. The British brand raised £575 million ($660 million) in a rights issue.
The deal will allow Aston Martin to reduce its debt and invest in new models, according to chairman Lawrence Stroll.
The fundraising comes after the prestigious car company was hit by supply problems. In July, it announced large half-year losses, which doubled before tax.
The company announced on Monday that it will issue four new shares at 103p each for each existing share. In the morning, the shares were down 10%.
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