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Published on 11/9/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Allison Transmission to fully redeem 5% senior notes due 2024

By Taylor Fox

New York, Nov. 9 – Allison Transmission Holdings, Inc. plans to fully redeem its outstanding 5% senior notes due 2024 and pay related fees and expenses using proceeds from its $1 billion note offering, together with cash on hand, according to a news release.

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


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