Freshfields Bruckhaus Deringer and White & Case are among a raft of firms to have taken roles on a £304m high yield bond offering by iconic car brand Aston Martin.

The offering, which closed last week, saw notes listed on the Luxembourg Stock Exchange, as well as the creation of a £30m revolving credit facility.

Freshfields advised Aston Martin with a team led by corporate partners Chris Bown and Gil Strauss, while Carey Olsen acted as Jersey counsel to the issuer led by corporate and finance partner Alan Stevens.

White & Case took a role for the underwriters, which comprised Deutsche Bank, Credit Suisse and UBS, fielding a team headed up by banking and capital markets partners Rob Mathews and Jeremy Duffy. Mourant Ozannes was Jersey counsel for the underwriters, with corporate partner Mike Williams taking the key role.

Meanwhile, Clifford Chance (CC) was instructed by the trustee, Deutsche Trustee Company, and security agent Deutsche Bank, with banking and finance partners Esther Cavett and Robert Trefny leading the firm's team.

Aston Martin, formerly owned by Ford, was taken over in 2007 by a UK-led consortium backed by Kuwaiti money – a deal that saw CC act for the acquirers, while Skadden Arps Slate Meagher & Flom advised Ford.

Aston Martin GC Michael Marecki said: "We had an existing £200m financing facility that was coming up for renewal. After looking at a number of options we decided that this type of bond issue was the best choice.

"Our needs have changed since the company became independent from Ford – this was the first time an Aston Martin bond issue made sense for us. I don't anticipate further issues any time soon, but we will see what our needs are in the future."

The issuance follows fellow luxury carmaker Jaguar Land Rover's £1bn issue last month, which marked the company's first bond sale since it was acquired by India's Tata Motors in 2008.