Historia del inversor

Publicado en marzo 09, 2017

AAM anuncia la valoración de $1,200 millones en bonos preferentes (senior)

DETROIT, 9 de marzo de 2017. American Axle & Manufacturing Holdings, Inc. (Bolsa de valores de Nueva York (NYSE): AXL) ("AAM") anunció hoy que su subsidiaria de propiedad absoluta, American Axle & Manufacturing, Inc. (el "Emisor"), ha valorado su oferta anunciada previamente de $700 millones en el monto principal total de bonos preferentes (senior) al 6.25% con vencimiento en 2025 y $500 millones en el monto principal total de bonos preferentes al 6.50% con vencimiento en 2027. Se espera que la oferta se cierre el 23 de marzo de 2017, sujeto a las condiciones de cierre habituales.

Los bonos estarán garantizados incondicionalmente en forma preferente no asegurada por AAM y determinadas subsidiarias nacionales presentes y futuras del Emisor. 

El Emisor pretende usar las ganancias netas de esta oferta, junto con los préstamos de las nuevas instituciones de crédito preferentes aseguradas y efectivo en mano, para pagar la contraprestación de efectivo en relación con la adquisición de AAM de Metaldyne Performance Group Inc. ("MPG") y los cargos y gastos relacionados, a fin de refinanciar las deudas pendientes en la institución de crédito renovable preferente garantizada existente de AAM y ciertas deudas existentes de MPG y el resto, si lo hubiere, para fines corporativos generales.

Los bonos preferentes (senior) no se registrarán en la Ley de Valores de 1933, según modificaciones (la "Ley de Valores") ni en ninguna ley de valores estatal, y no podrán ofrecerse ni venderse en los Estados Unidos si no hay una declaración de registro efectiva o una exención aplicable de los requisitos de registro o una transacción no sujeta a los requisitos de registro de la Ley de Valores o de cualquier otra ley de valores estatal.

Este comunicado de prensa no constituirá una oferta de venta ni una solicitud de oferta de compra de ningún valor ni una oferta, solicitud o venta en el estado o la jurisdicción en la que dicha oferta, solicitud o venta sería ilegal. Esta oferta de bonos solo se podrá hacer por medio de un memorando de oferta.

Para Más Información:

MEDIOS DE COMUNICACIÓN

Christopher Son

Vicepresidente de Comunicaciones corporativas y mercadotecnia

+1 (313) 758-4814

Contacto
AMERICAN AXLE & MANUFACTURING

One Dauch Drive
Detroit, MI 48211-1198

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  • reduced demand for our customers' products (particularly light trucks and sport utility vehicles (SUVs) produced by GM and FCA);
  • our ability to develop and produce new products that reflect market demand;
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  • global economic conditions;
  • our ability to maintain satisfactory labor relations and avoid work stoppages;
  • our suppliers', our customers' and their suppliers' ability to maintain satisfactory labor relations and avoid work stoppages;
  • price volatility in, or reduced availability of, fuel;
  • our ability to protect our intellectual property and successfully defend against assertions made against us;
  • our ability to attract and retain key associates;
  • availability of financing for working capital, capital expenditures, research and development (R&D) or other general corporate purposes including acquisitions, as well as our ability to comply with financial covenants;
  • our customers' and suppliers' availability of financing for working capital, capital expenditures, R&D or other general corporate purposes;
  • changes in liabilities arising from pension and other postretirement benefit obligations;
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  • adverse changes in laws, government regulations or market conditions affecting our products or our customers' products (such as the Corporate Average Fuel Economy (CAFE) regulations);
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