---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-089759"
form_type: "8-K"
ticker: "DCH"
cik: "0001062231"
company_name: "Dauch Corp"
filed_at: "2025-09-15T23:59:59+00:00"
generated_at: "2026-05-17T06:35:46.568140+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AAM announces $1.443B debt offering to finance Dowlais combination

## Summary
- Offering $843M senior secured notes due 2032 and $600M senior unsecured notes due 2033.
- Proceeds to fund Dowlais cash consideration, repay Dowlais debt, and fund change of control offer.
- May increase unsecured notes to ~$1.1B to redeem existing 6.50% Senior Notes due 2027.
- Notes escrowed until Combination closes; special mandatory redemption if deal fails.
- Pro forma combined net income $47.8M H1 2025, net loss $243.1M FY2024.

## SEC filing metadata
- accession: 0001104659-25-089759
- form_type: 8-K
- ticker: DCH
- cik: 0001062231
- company_name: Dauch Corp
- filed_at: 2025-09-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1062231/000110465925089759/0001104659-25-089759-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1062231/000110465925089759/tm2525923d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-089759
- JSON: https://secwatch.observer/filing/0001104659-25-089759.json
- Plain text: https://secwatch.observer/filing/0001104659-25-089759.txt

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