In connection with the acquisition by American Axle & Manufacturing Holdings (AAM) of Metaldyne Performance Group, American Axle entered into a $100 million term loan A facility and a $1.55 billion term loan B facility, as well as a $900 million multi-currency revolving credit facility.

According to a related 8-K filing, JPMorgan Chase Bank served as administrative agent.

The proceeds of the term loan A facility and the term loan B facility were used to finance a portion of the consideration for the acquisition, pay transaction costs, redeem in full MPG Holdco I’s 7.375% senior notes due 2022, and to repay the existing indebtedness of AAM under its amended and restated credit agreement with Goldman Sachs as administrative agent.

The proceeds of the revolving credit facility will be used for general corporate purposes.

The term loan A facility and the revolving credit facility will mature on April 6, 2022, and the term loan B facility will mature on April 6, 2024.