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Published on 11/9/2020 in the Prospect News Bank Loan Daily.

Allison Transmission to up revolver to $650 million, extend maturity

By Taylor Fox

New York, Nov. 9 – Allison Transmission Holdings, Inc. is seeking to enter into an amendment to the credit agreement governing its existing senior secured credit facilities, according to a news release.

Allison Transmission expects to increase the commitments under the existing revolver to $650 million and extend the maturity date to September 2025.

Allison Transmission is an Indianapolis-based transmission and propulsion system manufacturer.


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