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American Axle calls all $127.41 million of 7 7/8% notes after tender
By Tali David
Minneapolis, March 8 - American Axle & Manufacturing, Inc. called all $127,419,000 of its 7 7/8% senior notes due March 1, 2017 following a tender offer, according to a notice.
The bonds will be redeemed at 102.625 plus premium on March 15.
The Bank of New York Mellon Trust Co., NA is the trustee agent.
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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