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US: American Axle prices debt offering

American Axle & Manufacturing (AAM) has revealed it has priced a new offering of US$200m in aggregate principal amount of 7.75% senior notes due 2019 at an issue price of 100% in a public offering. The notes will be unconditionally guaranteed on a senior unsecured basis by parent American Axle & Subscribe to Automotive World … Continued

American Axle & Manufacturing (AAM) has revealed it has priced a new offering of US$200m in aggregate principal amount of 7.75% senior notes due 2019 at an issue price of 100% in a public offering.

The notes will be unconditionally guaranteed on a senior unsecured basis by parent American Axle &

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https://www.automotiveworld.com/articles/90141-us-american-axle-prices-debt-offering/

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