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Prospect News home > News index > List of issuers A > Headlines for Allison Transmission, Inc. > News item |
Fitch rates Allison notes BB
Fitch Ratings said it assigned BB/RR4 ratings to Allison Transmission, Inc.’s proposed offering of $1 billion in senior unsecured notes in a private placement.
ATI intends to fund the early redemption of its $1 billion in 5% senior unsecured notes due 2024.
The company’s long-term issuer default rating is BB, and the outlook is stable.
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