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Aston Martin seeks new financing to boost liquidity amid cash‑burn
Luxury carmaker Aston Martin said it is in ongoing talks with potential financing providers, including BlackRock‑owned HPS Investment Partners. The company is evaluating a structured "drop‑down" transaction that would transfer assets beyond the reach of existing creditors to secure additional liquidity.
Aston Martin has been grappling with persistent cash‑burn, declining sales affected by U.S. tariffs and weak demand in China, and posted another quarterly loss in April. Earlier in the quarter the firm obtained a £50 million cash injection from a consortium led by its majority shareholder Lawrence Stroll, raising its liquidity to about £230 million. Following the latest announcement, the company’s shares fell 2.3%. HPS declined to comment on the talks.