McLaren ends its fight with bond­hold­ers

The Daily Telegraph - Business - - Business -

McLaren has ended a fight with its bond­hold­ers, avoid­ing a court bat­tle. The su­per­car-maker went to the High Court af­ter bond­hold­ers op­posed its ef­forts to raise up to £275m in emer­gency fund­ing to help weather the storm of the Covid-19 cri­sis. How­ever, the com­pany con­firmed that le­gal ac­tion had been called off, the FT said.

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