
Allison Transmission Secures $1.7B Financing Deal
Key highlights
- $500 million in senior notes due 2033
- $1.2 billion incremental term loan facility agreement
- Funding Dana business acquisition
- Private placement exempt from registration
- No guarantees from domestic subsidiaries initially
Source: PR Newswire
No quotes were given.
Why this matters
This strategic financing deal positions Allison Transmission to strengthen its market presence through the acquisition of Dana's off-highway business, enhancing its competitive edge in the propulsion solutions industry. This development is particularly significant for the finance sector.



