McLaren says the potential sale and leaseback of its global headquarters in the UK will have "no impact" on its operations.
The manufacturer has appointed banks to advise it on a debt refinancing and equity raise as part of a refinancing plan.
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The company maintains these initiatives will deliver a stronger balance sheet and ensure McLaren Group has a sustainable platform for long-term growth and investment.
"The proposed sale and leaseback mirrors best practice among leading companies and will have no impact on our day-to-day operations," said a McLaren spokesperson in a statement emailed to just-auto.
"The McLaren Campus, comprising the McLaren Technology Centre, McLaren Production Centre and the McLaren Thought Leadership Centre, is an iconic, world-class facility that will remain our home in the future."
McLaren is planning to cut more than a quarter of its workforce in a restructuring plan forced by sharply lower revenues due to the COVID-19 pandemic hitting both sales and advertising revenues.
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By GlobalDataThe plan for 1,200 redundancies goes across all business units and would mainly impact employees in the UK.
