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American Axle Upsizes $2.1B Note Offering for Merger

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American Axle Upsizes $2.1B Note Offering for Merger

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An update from American Axle ( (AXL) ) is now available.

On September 19, 2025, American Axle & Manufacturing Holdings, Inc. announced the pricing and upsizing of its private offering of $850 million in senior secured notes due 2032 and $1.25 billion in senior unsecured notes due 2033. The proceeds from this offering will be used for a pending business combination with Dowlais Group plc, repayment of existing credit facilities, and other corporate purposes, potentially impacting the company’s financial strategy and market positioning.

The most recent analyst rating on (AXL) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on American Axle stock, see the AXL Stock Forecast page.

Spark’s Take on AXL Stock

According to Spark, TipRanks’ AI Analyst, AXL is a Neutral.

American Axle’s overall stock score reflects a stable financial performance with strong earnings call highlights, including strategic initiatives and margin improvements. However, high leverage and declining free cash flow growth pose risks. The lack of technical analysis data and moderate valuation further impact the score.

To see Spark’s full report on AXL stock, click here.

More about American Axle

American Axle & Manufacturing Holdings, Inc. operates in the automotive industry, focusing on the design, engineering, and manufacturing of driveline and drivetrain systems and related components for light trucks, SUVs, and passenger vehicles.

Average Trading Volume: 3,784,695

Technical Sentiment Signal: Buy

Current Market Cap: $742.8M

Find detailed analytics on AXL stock on TipRanks’ Stock Analysis page.

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