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The consortium led by David Richards, founder of motor sport group Prodrive which has made a final round bid for Aston Martin, is said to be struggling to get debt financing for its offer to buy the luxury car marque, reports the Telegraph. Mr Richards is spearheading a consortium - which includes Egyptian investment group Naeem Capital - that is one of a few bidders left in the running for Aston Martin. However, people with knowledge of the situation said that the consortium is still contacting financing banks to arrange the debt to support its offer, thought to be in the region of £450m. By the end of last week, sources said the group had still not managed to get debt financing, which casts doubts over its offer.

http://ftalphaville.ft.com/blog/2007/02/27/2779/aston-martin-bid-in-doubt/
 
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