08:13 AM EDT, 09/15/2025 (MT Newswires) -- American Axle & Manufacturing Holdings ( AXL ) said Monday its wholly owned subsidiary plans to sell $843 million in senior secured notes due 2032 and $600 million in senior unsecured notes due 2033.

The company said the secured notes will be backed by first-priority liens on its and certain subsidiaries' assets.

Net proceeds from the offering, along with borrowings under the company's existing credit deal and available cash, will be allocated toward the cash consideration for the Dowlais Group merger and general corporate purposes, among other purposes, American Axle & Manufacturing ( AXL ) said.