American Axle calls all $46,000 2% convertibles due 2024 at 101.253

By Toni Weeks

San Diego, Aug. 31 - American Axle & Manufacturing Inc. has issued a call to redeem all $46,000 of its 2% convertible notes due Feb. 15, 2024, according to an announcement.

The notes will be redeemed at a redemption price of 101.253 plus accrued interest to Sept. 30, the redemption date.

The redemption agent is Bank of New York Mellon Trust Co., NA (800 254-2826).

American Axle is a Detroit-based producer of driveline and drivetrain systems and related components and chassis modules for the automotive industry.

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