Dana Incorporated Announces Full Redemption and Repayment of Senior Notes Following Off-Highway Business Sale

Reuters12-05

Dana Incorporated Announces Full Redemption and Repayment of Senior Notes Following Off-Highway Business Sale

Dana Incorporated has announced the commencement of cash tender offers to purchase certain outstanding notes, including its 5.375% Senior Notes due 2027, 5.625% Senior Notes due 2028, 4.250% Senior Notes due 2030, and 4.500% Senior Notes due 2032, as well as notes issued by Dana Financing Luxembourg S.à r.l. The offers, made at 100% of the principal amount plus accrued and unpaid interest, are part of Dana's previously disclosed debt reduction plan and are contingent upon the successful sale of its off-highway business. The company has also issued notices of conditional full redemption for all outstanding 2027 and 2028 Notes, with a redemption date set for January 8, 2026. Proceeds from the asset sale are expected to fund the repurchase and redemption of these notes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DANA Incorporated published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950142-25-003125), on December 04, 2025, and is solely responsible for the information contained therein.

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