Dana Incorporated (NYSE:DAN) Files An 8-K Regulation FD DisclosureItem 7.01.
On March 21, 2017 Dana Incorporated (“Dana”) announced that its wholly-owned subsidiary, Dana Financing Luxembourg S.à r.l., priced $400 million aggregate principal amount of 5.750% Senior Notes due 2025 (the “2025 Notes”) at an issue price of 100.000%. The 2025 Notes will be fully and unconditionally guaranteed by Dana.
The information in this report is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section, and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such filing.
About Dana Incorporated (NYSE:DAN)
Dana Inc, formerly Dana Holding Corporation, is a provider of high technology driveline, sealing and thermal-management products. The Company offers its products to vehicle manufacturers in the global light vehicle, medium/heavy vehicle and off-highway markets. The Company operates in four segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies. Its Light Vehicle segment’s products include front axles, rear axles, drive shafts, differentials, torque couplings and modular assemblies. Its Commercial Vehicle segment’s products include drive shafts and tire inflation systems. Its Off-Highway segment’s products include products include front axles, rear axles, drive shafts, transmissions, tire inflation systems and electronic controls. Its Power Technologies segment’s products include gaskets, cover modules among others. Dana Incorporated (NYSE:DAN) Recent Trading Information
Dana Incorporated (NYSE:DAN) closed its last trading session down -0.91 at 18.26 with 2,179,816 shares trading hands.
