
July 15, 2022July 15, 2022 0 Comments
Aston Plans £653 Million Raise With Saudi Investment
“With this capital raise, we are able to remove the significant overhang on our business,” Stroll said Friday on a conference call. As much as half of the proceeds will be used to repay debt and reduce interest costs, with the rest providing a cushion amid the war in Ukraine, Covid-19 lockdowns in China and supply chain and logistics challenges.