---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-24-000495"
form_type: "8-K"
ticker: "DCH"
cik: "0001062231"
company_name: "Dauch Corp"
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T14:20:56.694036+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AAM enters $648M term loan B refinancing, matures Dec 2029 at SOFR+3.00%

## Summary
- New $648M Term Loan B facility fully prepays existing term loan B facility.
- Maturity December 13, 2029, unless >$250M senior notes outstanding with near-term maturity triggers earlier date.
- Interest: Term SOFR + 3.00% p.a. (base rate + 2.00%); minimum Term SOFR of 0.00%.
- Proceeds used to repay entire existing term loan B, accrued interest, and fees.
- Revolving credit facility and term loan A terms remain unchanged.

## SEC filing metadata
- accession: 0000947871-24-000495
- form_type: 8-K
- ticker: DCH
- cik: 0001062231
- company_name: Dauch Corp
- filed_at: 2024-05-17T23:59:59+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/1062231/000094787124000495/0000947871-24-000495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1062231/000094787124000495/ss3397139_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-24-000495
- JSON: https://secwatch.observer/filing/0000947871-24-000495.json
- Plain text: https://secwatch.observer/filing/0000947871-24-000495.txt

## Key facts
- Debt Financings
  Dauch Corp incurred term loan of $648 million with JPMorgan Chase Bank, N.A., as administrative agent; New Tranche B Term Lenders at Adjusted Term SOFR Rate plus 3.00% per annum; alternate base rate plus 2.00% per maturing December 13, 2029.
  - Instrument: term loan
  - Principal: $648 million
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent; New Tranche B Term Lenders
  - Rate: Adjusted Term SOFR Rate plus 3.00% per annum; alternate base rate plus 2.00% per
  - Maturity: December 13, 2029
  - Event: incurrence
  source text: 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 $648 million term loan B facility (the “ New Term Loan B Facility ”), the proceeds from which, together with cash on hand of AAM, were used to (a) prepay the entire principal amount of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1062231/000094787124000495/0000947871-24-000495-index.htm
- Material Agreements
  Dauch Corp amended Refinancing Facility Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at $648 million (effective 2024-05-16).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Value: $648 million
  - Effective: 2024-05-16
  source text: On May 16, 2024, American Axle & Manufacturing Holdings, Inc. (“ Holdings ”), American Axle & Manufacturing, Inc., a wholly owned subsidiary of Holdings (“ AAM ”) entered into the Refinancing Facility Agreement No. 2 (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 (as amended, amended and restated, supplemented or otherwise modified from time to time, 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/1062231/000094787124000495/0000947871-24-000495-index.htm

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