Shearman & Sterling represented American Axle Manufacturing, Inc. (AAM), along with its parent and subsidiary guarantors, in connection with its shelf takedown of $550 million aggregate principal amount of 6.625% Senior Notes due 2022 and in connection with its concurrent tender offer and consent solicitation for all of the outstanding $250 million aggregate principal amount of its 5.25% Senior Notes due 2014.
AAM is a world leader in the manufacture, engineering, design and validation of driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles, passenger cars, crossover vehicles and commercial vehicles.
The Shearman & Sterling team advising AAM included partners Lisa Jacobs (New York-Capital Markets), Antonia Stolper(New York-Capital Markets), Abigail Arms (Washington, DC-Capital Markets), Laurence Bambino (New York-Tax), and Denise Grant (New York-Project Development & Finance) and associates Jennifer Morton (New York-Capital Markets), Luna Bloom (New York-Capital Markets), Zana Murdock (New York-Capital Markets), Daniel Smith (New York-Tax), Jackson Murley (New York-Project Development & Finance) and Zachary Bodmer (New York-Investment Funds).
