SOME MORE DEBT SIR ?

[Jon39]

It is in the newspaper, so it must (might) be true.

Can anyone remember how much the existing debt (bond) is, and when it is repayable ?

http://www.birminghampost.co.uk/business/manufactu...

[downr]

£300m iirc, also maturing in 2018

I guess by then the £500m investment plan should have borne some fruit enabling the whole lot will to be rolled over for another 5 years (fingers crossed)

[Jon39]

The linked newspaper article might be worth reading, just for their ideas about the AML new model strategy.
I closed my eyes when they suggested, 'piggy back on platforms for its SLK and SL roadsters'.


Thank you downr.

Even if you say it quickly, #500 million seems a frightening total amount for a modest sized, unprofitable business.
Interest at the level of 10.25% per annum deferred, will further increase the debt.

Does anyone know whether the 2013 AML accounts been announced yet?