Aston Martin to issue $270 mln worth of shares to bolster capital

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July 31 (Reuters) – Luxury carmaker Aston Martin (AML.L) said on Monday it will launch a 210 million pound ($270.04 million) share placing to speed up its aim to reduce net leverage.

Shareholders, who are represented on board, have committed to subscribe 184 million pounds, of which 115 million pounds worth of shares will be bought by Yew Tree Overseas, Public Investment Fund, Geely International (Hong Kong) and Mercedes-Benz AG (MBGn.DE).

The rest will be made available to…

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