Allison Transmission redeems $100M of senior notes due 2027
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Allison Transmission Holdings, Inc. (NYSE: ALSN) announced the completion of a partial redemption of $100 million in aggregate principal amount of its 4.750% Senior Notes due 2027, effective September 30, 2026.
The notes were redeemed at a price of 100.00% of the principal amount, plus accrued and unpaid interest up to, but not including, the redemption date. The redemption was executed under the company's optional redemption right pursuant to the indenture governing the notes, originally dated September 26, 2017.
Following the transaction, $300 million in aggregate principal amount of the notes remains outstanding.
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