Shearman And Sterling

News May 13, 2021

Dana Incorporated’s $400 Million Registered Offering of Senior Notes (Green Bonds)

Shearman & Sterling advised Citigroup Global Markets, Barclays Capital, BMO Capital Markets, BofA Securities, Credit Suisse Securities (USA), Goldman Sachs & Co, J.P. Morgan Securities, Mizuho Securities USA, RBC Capital Markets, Citizens Capital Markets, Fifth Third Securities. and KeyBanc Capital Markets, as underwriters, in connection with the registered offering by Dana Incorporated of $400 million aggregate principal amount of its 4.250% Senior Notes due 2030 (Green Bonds).

Dana Incorporated is a world leader in providing power-conveyance and energy-management solutions for vehicles and machinery. The company's portfolio improves the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment. From axles, driveshafts, and transmissions to electrodynamic, thermal, sealing, and digital solutions, the company enables the propulsion of conventional, hybrid, and electric-powered vehicles by supplying nearly every vehicle manufacturer in the world.

The Team