OREANDA-NEWS. Fitch Ratings has upgraded the Issuer Default Ratings (IDRs) of American Axle & Manufacturing Holdings, Inc. (AXL) and its subsidiary American Axle & Manufacturing, Inc. (AAM) to 'BB' from 'BB-'. Fitch has also affirmed the rating on AAM's secured revolving credit facility at 'BB+/RR1'. Fitch has upgraded AAM's senior unsecured notes rating to 'BB/RR4' from 'BB-/RR4'. A full list of rating actions follows at the end of this release.

AAM's ratings apply to a $523.5 million secured revolving credit facility and $1.35 billion in senior unsecured notes. The Rating Outlooks for both AXL and AAM are Stable.