Follow-On Offering

Industrial
Follow-On Offering

Summary

Baird served as a co-manager on this offering.

About

Allison Transmission Holdings, Inc. (“Allison” or the “Company”) (NYSE: ALSN), a portfolio company of The Carlyle Group and Onex Corporation, recently completed a follow-on offering of 23,805,000 shares of common stock at a price of $22.00 per share, generating gross proceeds of approximately $524 million. All of the shares offered were sold by selling shareholders. The Company will not receive any proceeds from the sale of shares in the offering. Of the 23,805,000 shares, 19,105,000 will be sold to the general public, while Allison will buy the remaining 4,700,000 shares, subject to the completion of the offering.

Allison is the world's largest manufacturer of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical U.S. defense vehicles and hybrid-propulsion systems for transit buses. Allison transmissions are used in a variety of applications including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school and transit), motor homes, off-highway vehicles and equipment (primarily energy and mining) and defense vehicles (wheeled and tracked). Founded in 1915, Allison is headquartered in Indianapolis, Indiana.

For additional information about this transaction, please contact:

Tom Lacy (414) 298-7648
Adam Czaia (414) 298-7358
Lance Lange (414) 765-7079
David Wierman (404) 264-2211
Anthony Siu +86 (21) 618 209 80
Industrial
Follow-On Offering
Date
August 2013
Company
Allison Transmission Holdings, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America

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