Meritor Announces Offering of $250M Senior Unsecured Notes

Meritor, Inc.

today announced that it is offering, subject to market and other conditions, $250 million aggregate principal amount of its senior unsecured notes in an underwritten registered public offering (the "Notes"). Meritor intends to use the net proceeds from the offering to repurchase any and all of its 8-1/8% notes due 2015 in its previously announced cash tender offer and consent solicitation and for general corporate purposes. Citigroup, J.P. Morgan, BofA Merrill Lynch, RBS and UBS Investment Bank are acting as joint book-running managers for the offering. This press release is not an offer to sell and is not soliciting an offer to buy any of the securities, nor shall there be any offer or sale of the securities in any jurisdiction where the offer or sale is not permitted.  An effective shelf registration statement related to the Notes has previously been filed by Meritor with the Securities and Exchange Commission.  The offering of securities is being made by means of a prospectus supplement and accompanying prospectus.  Copies of the prospectus supplement and the accompanying prospectus can be obtained from: