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Fitch Affirms American Axle's IDR at 'BB-'; Outlook Revised to Positive

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) of American Axle & Manufacturing Holdings, Inc. (AXL) and its American Axle & Manufacturing, Inc. (AAM) subsidiary at 'BB-'. Fitch has also affirmed the ratings for AAM's secured revolving credit facility and secured term loan A at 'BB+' and assigned them a Recovery Rating of 'RR1'. Fitch has affirmed AAM's senior unsecured notes rating at 'BB-' and assigned them a Recovery Rating of 'RR4'. A full lis

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