debt
confidence high
sentiment neutral
materiality 0.60
Dana completes tender offers for six note series and redeems all 2027 & 2028 notes
DANA Inc
- Purchased $138.3M of 2027 notes (34.6% of outstanding), $142.4M of 2028 notes (35.6%).
- Purchased €140.7M of 2029 notes (prorated 55.7%), $173.2M of 2030 notes (prorated 49.7%).
- Purchased $151.5M of 2032 notes (prorated 46.1%) and €8.6M of 2031 notes (2.0%).
- All remaining 2027 and 2028 notes redeemed Jan 8, 2026 at par plus accrued interest.
- Funded using proceeds from sale of off-highway business; purchased notes cancelled.
item 8.01