---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-22-001243"
form_type: "8-K"
ticker: "DCH"
cik: "0001062231"
company_name: "Dauch Corp"
filed_at: "2022-12-14T23:59:59+00:00"
generated_at: "2026-06-21T04:34:36.863692+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# American Axle & Manufacturing closes $675M term loan B refinancing, extending maturity to 2029

## Summary
- New Term Loan B Facility of $675M issued on Dec 13, 2022; proceeds used to repay existing term loan B and fees.
- New loan matures Dec 13, 2029; interest at SOFR + 3.50% (floor 0.50%) or base rate + 2.50%.
- Original issue discount of 3.00% paid as fee; $25M revolving borrowing also used in refinancing.
- Existing revolving credit and term loan A facilities remain unchanged.
- Refinancing extends maturity and secures new pricing terms; cashless roll elected by several existing lenders.

## SEC filing metadata
- accession: 0000947871-22-001243
- form_type: 8-K
- ticker: DCH
- cik: 0001062231
- company_name: Dauch Corp
- filed_at: 2022-12-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1062231/000094787122001243/0000947871-22-001243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1062231/000094787122001243/ss1597335_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-22-001243
- JSON: https://secwatch.observer/filing/0000947871-22-001243.json
- Plain text: https://secwatch.observer/filing/0000947871-22-001243.txt

## Key facts
- Debt Financings
  Dauch Corp incurred term loan of $675 million term loan B facility with New Tranche B Term Lenders and JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR loans will bear interest at the applicable Adjusted Term SOFR Rate plu maturing December 13, 2029.
  - Instrument: term loan
  - Principal: $675 million term loan B facility
  - Counterparty: New Tranche B Term Lenders and JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: Term SOFR loans will bear interest at the applicable Adjusted Term SOFR Rate plu
  - Maturity: December 13, 2029
  - Event: incurrence
  source text: On December 13, 2022, American Axle & Manufacturing Holdings, Inc. (“ Holdings ”), American Axle & Manufacturing, Inc., a wholly owned subsidiary of Holdings (“ AAM ”) entered into the Refinancing Facility Agreement No. 1 (the “ Refinancing Facility Agreement ”), among AAM, as borrower, Holdings, each financial institution party thereto as a lender (the “ New Tranche B Term Lenders ”) and JPMorgan Chase Bank, N.A., as administrative agent (the “ Administrative Agent ”), amending the Amended and Restated Credit Agreement, dated as of March 11, 2022 (the “ Amended and Restated Credit Agreement ”), among AAM, as borrower, Holdings, each financial institution party thereto from time to time as a lender, and the Administrative Agent. Pursuant to the Refinancing Facility Agreement, the New Tranche B Term Lenders agreed to provide a $675 million term loan B facility (the “ New Term Loan B Facility ”), the proceeds from which, together with cash on hand of AAM and the proceeds of a $25 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1062231/000094787122001243/0000947871-22-001243-index.htm
- Material Agreements
  Dauch Corp entered into Refinancing Facility Agreement No. 1 with JPMorgan Chase Bank, N.A. (as administrative agent) and the New Tranche B Term Lenders valued at $675 million term loan B facility (effective 2022-12-13).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. (as administrative agent) and the New Tranche B Term Lenders
  - Value: $675 million term loan B facility
  - Effective: 2022-12-13
  source text: On December 13, 2022, American Axle & Manufacturing Holdings, Inc. (“ Holdings ”), American Axle & Manufacturing, Inc., a wholly owned subsidiary of Holdings (“ AAM ”) entered into the Refinancing Facility Agreement No. 1 (the “ Refinancing Facility Agreement ”), among AAM, as borrower, Holdings, each financial institution party thereto as a lender (the “ New Tranche B Term Lenders ”) and JPMorgan Chase Bank, N.A., as administrative agent (the “ Administrative Agent ”), amending the Amended and Restated Credit Agreement, dated as of March 11, 2022 (the “ Amended and Restated Credit Agreement ”), among AAM, as borrower, Holdings, each financial institution party thereto from time to time as a lender, and the Administrative Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1062231/000094787122001243/0000947871-22-001243-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.