secwatch.observer — SEC 8-K summary
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Issuer:     DANA Inc (DAN)
CIK:        0000026780
Form:       8-K
Filed at:   2023-03-16T23:59:59+00:00
Accession:  0000950142-23-000729
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26780/000095014223000729/0000950142-23-000729-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26780/000095014223000729/eh230338850_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-23-000729

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