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News Jun 19, 2020

Dana Incorporated’s $400 Million Registered Senior Notes Offering

Shearman & Sterling advised Citigroup Global Markets Inc., Barclays Capital Inc., BMO Capital Markets Corp., BofA Securities, Inc., Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC., KeyBanc Capital Markets Inc., Citizens Capital Markets, Inc. and Commerz Markets LLC, as underwriters, in connection with the registered offering by Dana Incorporated (“Dana”) of $400 million aggregate principal amount of its 5.625 percent senior notes due 2028.

Dana 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