---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-23-000729"
form_type: "8-K"
ticker: "DAN"
cik: "0000026780"
company_name: "DANA Inc"
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T01:10:27.560856+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Revolving facility maturity extended by two years to March 2028.
- Benchmark rates transitioned from LIBOR to SOFR (USD) and SONIA (Sterling).
- Amendment effective March 14, 2023; all revolving lenders consented.
- No change to financial covenants; representations reaffirmed.

## SEC filing metadata
- accession: 0000950142-23-000729
- form_type: 8-K
- ticker: DAN
- cik: 0000026780
- company_name: DANA Inc
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26780/000095014223000729/0000950142-23-000729-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26780/000095014223000729/eh230338850_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-23-000729
- JSON: https://secwatch.observer/filing/0000950142-23-000729.json
- Plain text: https://secwatch.observer/filing/0000950142-23-000729.txt

## Key facts
- Material Agreements
  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
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/26780/000095014223000729/0000950142-23-000729-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.