Allison Transmission Announces $508M Refinancing via Credit Agreement Amendment

What Happened Allison Transmission Holdings, Inc. filed an 8‑K reporting Amendment No. 6 to its Second Amended and Restated Credit Agreement on June 11, 2026. The amendment refinanced approximately $508 million of term loan debt that was due March 13, 2031 and reduced the applicable margin on those refinanced loans. The company issued a press release on June 16, 2026 announcing the refinancing.

Key Details

• Effective date: Amendment No. 6 dated June 11, 2026.
• Amount refinanced: Approximately $508 million of term loan debt (original maturity March 13, 2031).
• Interest margin reduced by: 0.25 percentage points.
• Post-amendment margin: At the Borrower’s option, 1.50% per annum for SOFR loans or 0.50% per annum for Base Rate loans.
• Parties involved: Allison Transmission Holdings, Inc.; borrower Allison Transmission, Inc.; subsidiary guarantor Fairfield Manufacturing Company, Inc.; Citibank, N.A. as administrative agent and 2026 refinancing term lender.

Why It Matters Refinancing and the reduced margin lower Allison’s borrowing cost on this portion of its term debt, which can reduce interest expense and improve cash flow flexibility. For investors, the change is a concrete credit-related action that can modestly affect near-term financing costs and overall financial health; the filing does not include other operational or earnings information.