Aston Martin Creditors Tap Jefferies as Debt Worries Grow

Creditors to Aston Martin have selected Jefferies as financial adviser amid increasing concern over the company’s debt and its distressed status. The move suggests heightened restructuring/financing pressure rather than a routine update, which is likely to weigh on sentiment toward Aston Martin’s credit and equity.

Analysis

Creditors to Aston Martin have selected Jefferies as financial adviser amid increasing concern over the company’s debt and its distressed status. The move suggests heightened restructuring/financing pressure rather than a routine update, which is likely to weigh on sentiment toward Aston Martin’s credit and equity.