Allison Transmission Holdings, Inc. (NYSE: ALSN) completed a repricing of its $508 million term loan due March 13, 2031, the Indianapolis-based company announced in a press release dated June 16, 2026.

The transaction, finalized on June 11, 2026, reduces the applicable interest rate margin by 25 basis points. The repriced term loan carries an interest rate margin of 1.50% per annum for SOFR loans or 0.50% per annum for base rate loans. The maturity date and all other material provisions of the credit agreement remain unchanged.

Scott Mell, Chief Financial Officer and Treasurer, said the rate reduction is expected to lower annual cash interest expense by approximately $1.3 million. "This repricing transaction reaffirms Allison's commitment to prudent balance sheet management and its well-defined approach to capital structure and allocation," Mell said.