Business & Finance
BlackRock vs BlackRock: Aston Martin Debt Revamp Risks In-House Clash
Key Points
BlackRock vs BlackRock: Aston Martin Debt Revamp Risks In-House Clash A potential debt revamp at Aston Martin Lagonda Global Holdings Plc is setting the stage for an unusual battle between different divisions of asset management giant BlackRock Inc. On one side are the firm’s bond funds, some of which fall under the purview of global fixed income chief investment officer Rick Rieder. They’re part of the creditor steering committee that organized to present a united front to the company if it...
BlackRock vs BlackRock: Aston Martin Debt Revamp Risks In-House Clash
A potential debt revamp at Aston Martin Lagonda Global Holdings Plc is setting the stage for an unusual battle between different divisions of asset management giant BlackRock Inc.
On one side are the firm’s bond funds, some of which fall under the purview of global fixed income chief investment officer Rick Rieder. They’re part of the creditor steering committee that organized to present a united front to the company if it needed to discuss a refinancing of its debt or raise additional liquidity.