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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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