News Releases

<< [Back to News Releases]

American Axle & Manufacturing Announces Intention To File a Registration Statement

PRNewswire
DETROIT

American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) (AAM) announced today it intends to file shortly a registration statement covering the public offering of approximately 7.5 million shares of its common stock. Three million of these shares would be offered for sale by AAM and approximately 4.5 million shares would be offered for sale by Blackstone Capital Partners II Merchant Banking Fund L.P. and certain other selling stockholders. Consummation of this offering will approximately double the number of shares of AAM that are publicly traded. The proceeds from the sale of shares by AAM are intended to be used for general corporate purposes. This press release is not intended to be an offer of any such securities for sale.

Certain statements contained in this press release which are not historical facts contain forward-looking information with respect to the company's plans, projections or future performance, the occurrence of which involve risks and uncertainties that could cause the company's actual results or plans to differ materially from those expected by the company which include risk factors described in the company's filings with the Securities and Exchange Commission.

Visit the AAM website at http://www.aam.com/ .

CONTACT: Media - Carrie L.P. Gray, Director, Marketing & Corporate Relations, +1 313-974-2598, or grayc@aam.com; or Investor - Robert A. Krause, Vice President & Treasurer, +1 313-974-3074, or krauser@aam.com, both of American Axle & Manufacturing Holdings, Inc.

MAKE YOUR OPINION COUNT - Click Here

http://tbutton.prnewswire.com/prn/11690X27824746

Company News On-Call: http://www.prnewswire.com/comp/033813.html

SOURCE: American Axle & Manufacturing Holdings, Inc.

Contact: Media Carrie L.P. Gray, Director, Marketing & Corporate Relations, +1 313-974-2598, or grayc@aam.com; or Investor Robert A. Krause, Vice President & Treasurer, +1 313-974-3074, or krauser@aam.com, both of American Axle & Manufacturing Holdings, Inc.

Web site: http://www.aam.com/