PR Newswire·Nov 13, 2026, 6:42 PM ET

Dana Announces Pricing, Expiration and Results of Tender Offers for Any and All of its Outstanding 4.250% Senior Notes due 2030 and 4.500% Senior Notes due 2032

Dana Incorporated announced the pricing, expiration, & results of its cash tender offers for its 4.250% Senior Notes due 2030 & 4.500% Senior Notes due 2032.
The Offers expired at 5:00 p.m. New York City time on November 13, 2026.
A total of $357,873,000 aggregate principal amount of Notes were validly tendered & not withdrawn by the deadline.
For the 2030 Notes, $181,151,000 of the $226,800,000 outstanding was tendered & accepted at a consideration of $975.28 per $1,000 principal.
For the 2032 Notes, $176,722,000 of the $198,452,000 outstanding was tendered & accepted at a consideration of $976.35 per $1,000 principal.
Dana intends to pay the accepted Notes on November 17, 2026, including the Consideration & accrued interest.
The Company intends to defease covenants for any remaining outstanding Notes, removing restrictive covenants such as change of control repurchase obligations.
J.P. Morgan Securities LLC & Barclays Capital Inc. served as Dealer Managers for the Offers.