TROY, Mich., Aug. 18, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced that it has issued a notice of partial redemption for $100,000,000 aggregate principal amount of its 6.750% notes due 2021 (the "Notes"). The redemption date is Sept. 28, 2017 ("Redemption Date"), and the redemption price will be equal to $1,033.75 per $1,000 principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, up to, but not including, the Redemption Date. From and after the Redemption Date, the redeemed Notes will no longer be outstanding and interest will cease to accrue on such redeemed Notes unless Meritor defaults in making the redemption payment. The notice of partial redemption containing information required by the indenture governing the Notes, including the redemption price, was sent to registered holders of the Notes today.