Fitch Upgrades American Axle's IDR to 'B+'; Outlook Stable

Fitch Ratings has upgraded the ratings of American Axle & Manufacturing Holdings AXL and its American Axle & Manufacturing, Inc. AAM subsidiary as follows: AXL --Issuer Default Rating (IDR) to 'B+' from 'B'. AAM --IDR to 'B+' from 'B'; --Secured credit facility rating to 'BB/RR2' from 'BB-/RR2'; --Senior secured notes rating to 'BB/RR2' from 'BB-/RR2'; --Senior unsecured rating to 'B-/RR6' from 'CCC/RR6'. AXL's ratings apply to a $296 million secured revolving credit facility, $425 million of senior secured notes and $550 million of senior unsecured notes. The Rating Outlook for both AXL and AAM is Stable.