
Allison Transmission Inc, founded in 1915 and headquartered in Indianapolis, Indiana, is a leading manufacturer of commercial-duty automatic transmissions and hybrid propulsion systems. The company specializes in a wide range of products including transmissions for medium- and heavy-duty vehicles, as well as propulsion systems for various applications across the transportation sector.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ALSN 3.75% 2031-01-30 USDAllison Transmission Inc | United States | 2031-01-30 | 3.750 | 5.23 |
ALSN 3.75% 2031-01-30 USDAllison Transmission Inc | United States | 2031-01-30 | 3.750 | 5.31 |
ALSN 5.88% 2029-06-01 USDAllison Transmission Inc | United States | 2029-06-01 | 5.875 | 5.54 |
ALSN 5.88% 2029-06-01 USDAllison Transmission Inc | United States | 2029-06-01 | 5.875 | 5.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Allison Transmission has a history of bond issuances dating back to its public offering, with significant issuances including $500 million in senior notes in 2015 and a $225 million offerings in 2020. Currently, their bonds yield around 5.5%, which is competitive within the industry, thanks to their strong market position and steady cash flows. Notably, the company has incorporated features such as call options within certain bond offerings, allowing for potential refinancing opportunities as market conditions improve.