Allison Completes Partial Redemption of 4.750% Senior Notes due 2027
Allison Transmission Holdings announced it completed the partial redemption of $100 million aggregate principal amount of its 4.750% Senior Notes due 2027 on September 30, 2026, pursuant to its optional redemption right under the governing indenture. The notes were redeemed at 100.00% of principal plus accrued and unpaid interest to the redemption date.
Why it matters — This debt-redemption move is relevant to ALSN watchers as it reflects the company's capital management and reduction of outstanding debt obligations.