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US: Fitch assigns ‘BB-‘ IDR to Allison Transmission

Fitch Ratings has announced it has assigned initial issuer default ratings (IDRs) of 'BB-' to Allison Transmission Holdings, Inc and its Allison Transmission Inc (ATI) subsidiary. It has also assigned a 'BB' rating to ATI's proposed US$500m seven-year secured term loan. The rating outlook is stable. According to Fitch, the ratings Subscribe to Automotive World … Continued

Fitch Ratings has announced it has assigned initial issuer default ratings (IDRs) of 'BB-' to Allison Transmission Holdings, Inc and its Allison Transmission Inc (ATI) subsidiary. It has also assigned a 'BB' rating to ATI's proposed US$500m seven-year secured term loan. The rating outlook is stable.

According to Fitch, the ratings

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https://www.automotiveworld.com/articles/95413-us-fitch-assigns-bb-idr-to-allison-transmission/

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