Shearman And Sterling

News November 10, 2017

Shearman & Sterling Represents AAM in Secondary Common Stock Offering

Shearman & Sterling represented American Axle Manufacturing Holdings (AAM) in connection with the sale by affiliates of American Securities, in an underwritten secondary offering of 15 million shares of AAM common stock.

Deutsche Bank Securities acted as the sole underwriter for the offering. 

AAM is a premier, global leader in design, engineering, validation and manufacturing of driveline, metal forming, powertrain and casting technologies for automotive, commercial and industrial markets. Headquartered in Detroit, AAM has over 25,000 associates operating at more than 90 facilities in 17 countries to support customers on global and regional platforms with a focus on quality, operational excellence and technology leadership.

The Team