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    Doug Carson • Bank of America

    Doug Carson is a Vice President and Quantitative Finance Analyst at Bank of America, specializing in advanced quantitative modeling and financial analysis for the banking sector. He leverages expertise in data analytics and risk modeling to support coverage of major financial companies, contributing to Bank of America's robust performance in institutional client services. With more than a decade of industry experience, Doug Carson has served in analyst roles before being promoted to Vice President at Bank of America, evidencing steady career progression and deep sector knowledge. He holds relevant professional credentials in quantitative finance and risk management, including active securities licenses and FINRA registration.

    Doug Carson's questions to American Axle & Manufacturing Holdings Inc (AXL) leadership

    Doug Carson's questions to American Axle & Manufacturing Holdings Inc (AXL) leadership • Q2 2025

    Question

    Doug Carson from Bank of America requested an overview of the post-acquisition balance sheet strategy, focusing on leverage targets, capital needs, and cash flow priorities for credit investors.

    Answer

    CFO Christopher May stated the primary goal is rapid deleveraging post-close, using the combined entity's strong cash flow, with a target of being leverage-neutral at closing. CEO David Dauch added that while the long-term goal is sub-2.0x leverage, the company would re-evaluate its capital allocation strategy, including shareholder returns, upon reaching approximately 2.5x leverage.

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