Financing ·
Allison Transmission refinances $508M of term loan debt due 2031, lowering interest rate margin by 0.25%
ALSNAllison Transmission Holdings Inc
On June 11, 2026, Allison Transmission Holdings, Inc. entered into an amendment to its credit agreement to refinance approximately $508 million of term loan debt due in 2031. The amendment, involving Citibank, N.A. as administrative agent, lowered the interest rate margin on the refinanced loans by 0.25%, resulting in an interest rate margin of either 1.50% per annum for SOFR Loans or 0.50% per annum for Base Rate Loans. Allison Transmission Holdings, Inc. operates in the automotive industry, manufacturing and providing transmission and power train components for commercial vehicles.