Latest Current Report
Filed: 2026-01-02
Key Insights
- Allison Transmission has secured a $1.2 billion incremental term loan facility to fund the acquisition of Dana's off-highway business, expanding its product portfolio and revenue potential.
- The company has increased its revolving credit facility from $750 million to $1 billion, providing additional financial flexibility to support its growth initiatives.
- The appointment of Craig M. Price, an experienced executive from Dana's off-highway business, as the new President and Business Unit Leader of Allison Off-Highway Drive and Motion Systems indicates a focus on integrating and leveraging the acquired assets.