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American Axle to redeem $190 million of 9¼% senior notes due 2017
By Tali David
Minneapolis, Nov. 13 - American Axle & Manufacturing, Inc. called all $190 million of its 9¼% senior secured notes due 2017, according to a notice.
The bonds will be redeemed at 105.42263195 plus accrued interest of $37.77 per $1,000 principal amount on Dec. 12.
U.S. Bank NA is the trustee.
American Axle is a Detroit-based producer of driveline and drivetrain systems and related components and chassis modules for the automotive industry.
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