I wouldn't trust buggered up threads in a critical area like that. It's hard to get to, once you've put it together, and if those threads fail, then you're going to break something. Engine - Transmission bolts are holding critical parts and face potentially high loads. So, if you break something, it's a big deal. This isn't like an accessory on the front of the engine, that's easy to get to, and can be checked for security later.
If it were mine, I would use a Time-sert. I've used helicoils, too, and keep a few in common sizes (like M4/6/8) on hand, but the Time-sert is more secure and higher strength.
The heli coil is simple: drill out to the specified size, run the provided tap, thread the helicoil in place, and when it's in, break off the tab. It really is a coil, threads on the inside, threads on the outside, but ti looks like a spring with a trapezoidal cross-section.
The Time-sert is more complex: drill out, then use the countersink tool, run the provided tap, and then use the installing tool the thread the insert in place. Here's where the Time-Sert is better - when you use the installing tool, which requires a bit of oil, it actually expands the deepest threads of the Time-sert, and locks it into place. The Time-sert is a complete insert, and the depth is set when the rim of the insert fits snugly into the recessed countersink. Time-serts are recommended for things like head bolt repair - where strength and durability are critical.
You may find a heli-coil easier to source locally.
Here it is on Amazon:
https://www.amazon.com/Helicoil-5546-10-Metric-Coarse-Thread/dp/B0002SRF80
Here is the Time-sert. Note the differences in the insert itself, and the extra tool for the countersink. It's also quite a bit more $$.
https://www.amazon.com/TIME-SERT-Me...mp;sr=1-2&keywords=time-sert+m10x1.5