AAA

American Axle & Manufacturing, Inc. 6.875% 01-JUL-2028

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Overview
Analysis

AXL4999899 analysis



Key facts


Issuer
American Axle & Manufacturing, Inc.
Issue date
Jun 12, 2020
Maturity date
Jul 1, 2028
Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
6.88% (Fixed)
Yield to maturity
6.86%
American Axle & Manufacturing Holdings, Inc. (AAM) manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles (SUVs), passenger cars, crossover vehicles and commercial vehicles. Driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. The Company’s driveline, drivetrain and related products include axles, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, driveheads, transmission parts and metal-formed products.
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