August 22, 2017 5:28 AM ET

Auto Components

Company Overview of American Axle & Manufacturing, Inc.

Company Overview

American Axle & Manufacturing, Inc. designs, engineers, manufactures, and supplies driveline and drivetrain systems and related components for light trucks, SUVs, passenger cars, crossover vehicles, and commercial vehicles. The company offers vehicle architectures, driveline systems, drivetrain systems, powertrain components, chassis system components, and metal formed products. It also provides rear beam and drive axles, axle differentials, front axles, driveshafts, CV joints, transfer cases, transaxle and transfer case differentials, electronic stabilizer systems, suspension modules, torque transfer devices/electronic control couplings, and multi-piece driveshafts. In addition, the company...

One Dauch Drive

Detroit, MI 48211-1198

United States

Founded in 1993

Phone:

313-758-2000

Fax:

313-758-4257

Key Executives for American Axle & Manufacturing, Inc.

Chairman and Chief Executive Officer
Age: 52
President
Age: 53
Chief Financial Officer and Vice President
Age: 47
Co-managing Director - AAM India
Co-Managing Director - AAM India
Compensation as of Fiscal Year 2017.

American Axle & Manufacturing, Inc. Key Developments

American Axle Mulls Acquisitions

American Axle & Manufacturing, Inc. is seeking acquisitions. American Axle & Manufacturing, Inc. has filed a Shelf Registration. American Axle will add the net proceeds from the sale of the securities under the prospectus to general funds and will use them for working capital and other general corporate purposes, which may include, among other things, reducing or refinancing indebtedness or funding acquisitions.

American Axle & Manufacturing, Inc. Announces Pricing of $1.2 Billion in Senior Notes

American Axle & Manufacturing Holdings, Inc. announced that American Axle & Manufacturing, Inc., has priced its previously announced offering of $700 million in aggregate principal amount of 6.25% senior notes due 2025 and $500 million in aggregate principal amount of 6.50% senior notes due 2027. The offering is expected to close on March 23, 2017, subject to customary closing conditions. The notes will be unconditionally guaranteed on a senior unsecured basis by AAM and certain of the Issuer’s present and future domestic subsidiaries. The Issuer intends to use the net proceeds from this offering, together with borrowings under new senior secured credit facilities and cash on hand, to pay the cash consideration payable in connection with AAM’s acquisition of Metaldyne Performance Group Inc. and related fees and expenses, to refinance any indebtedness outstanding under AAM’s existing senior secured revolving credit facility and certain existing indebtedness of MPG and the remainder, if any, for general corporate purposes. The senior notes will not be registered under the Securities Act of 1933, as amended or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requirements of the Securities Act or any state securities laws.

American Axle & Manufacturing, Inc. Announces Proposed Private Offering of Senior Notes

American Axle & Manufacturing Holdings, Inc. announced that American Axle & Manufacturing, Inc., intends to offer, subject to market and other conditions, $1.2 billion of senior notes. The notes will bear interest at a rate to be determined at pricing and will be unconditionally guaranteed on a senior unsecured basis by AAM and certain of the Issuer's present and future domestic subsidiaries. The Issuer intends to use the net proceeds from this offering, together with borrowings under new senior secured credit facilities and cash on hand, to pay the cash consideration payable in connection with AAM's acquisition of Metaldyne Performance Group Inc. and related fees and expenses, to refinance any indebtedness outstanding under AAM's existing senior secured revolving credit facility and certain existing indebtedness of MPG and the remainder, if any, for general corporate purposes.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
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