secwatch / observer
8-K filed March 16, 2023, 7:59 PM ET ticker DAN CIK 0000026780
debt confidence high sentiment neutral materiality 0.50

Dana extends revolving credit facility maturity to March 2028, transitions from LIBOR to SOFR/SONIA

DANA Inc

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DANA Inc amended Sixth Amendment with Citibank, N.A. (effective 2023-03-14).

Action
amendment
Agreement
credit facility
Counterparty
Citibank, N.A.
Effective
2023-03-14
Exact text from the filing
On March 14, 2023, Dana Incorporated (“ Dana ”) entered into Amendment No. 6 to Credit and Guaranty Agreement (the “ Sixth Amendment ”), among Dana, as a borrower, Dana International Luxembourg S.à r.l., a private limited liability company ( société à responsabilité limitée ) incorporated under the laws of the Grand Duchy of Luxembourg (“ DIL ”), as a borrower, certain domestic subsidiaries of Dana party thereto (the “ Guarantors ”), the lenders party thereto and Citibank, N.A., as administrative agent and collateral agent (in such capacities, the “ Agent ”).
View on SEC.gov

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Source: SEC EDGAR
accession 0000950142-23-000729
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