New Issue-Allison Transmission sells $550 in 8-yr sr notes

Newswire

Oct 11 (Reuters) - Allison Transmission, the former General Motors unit acquired by the Carlyle Group [CYL.UL] and Onex Corp ., on Thursday sold $550 million in 8-year notes in the 144a private placement market, said market sources.

Citigroup, Lehman Brothers, and Merrill Lynch were the joint lead managers for the sale, the sources said. BORROWER: ALLISON TRANSMISSION INC. AMT $550 MLN COUPON ...

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