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Allison Transmission redeemed $200 million of 11% notes in February
By Tali David
Minneapolis, April 26 - Allison Transmission Holdings, Inc. redeemed $200 million of its 11% senior notes in February, according to a 10-Q filed with the Securities and Exchange Commission.
As a result, the company recorded a loss of $13.5 million, net of deferred financing fees written off.
Allison is an Indianapolis-based automatic transmission company.
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