Dana Financing Luxembourg Sarl -- Moody's assigns B1 rating to Dana's new senior unsecured notes, CFR affirmed at Ba3
Rating Action: Moody's assigns B1 rating to Dana's new senior unsecured notes, CFR affirmed at Ba3. Global Credit Research- 21 Mar 2017. Approximately $1.95 billion of rated debt affected.
- Capital Cube•yesterday
Categories: ETFs Yahoo Finance Click here to see latest analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Dana, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)
- PR Newswire•yesterday
MAUMEE, Ohio, March 21, 2017 /PRNewswire/ -- Dana Incorporated (DAN) ("Dana") today announced that its wholly-owned subsidiary, Dana Financing Luxembourg S.à r.l., is proposing to issue $400 million aggregate principal amount of senior unsecured notes due 2025 (the "2025 Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The 2025 Notes will be fully and unconditionally guaranteed by Dana. Dana intends to use the net proceeds from the offering of the 2025 Notes (i) to repay approximately $180 million of indebtedness of Dana's subsidiaries Brevini Power Transmission S.p.A., Brevini Fluid Power S.p.A. and certain of their subsidiaries, (ii) to repay approximately $113 million of indebtedness of a Brazilian subsidiary of Dana, (iii) to purchase in a tender offer up to $75 million aggregate principal amount of its outstanding 5.375% Senior Notes due 2021, (iv) to pay related fees and expenses and (v) for general corporate purposes, which may include repayment of indebtedness.
DAN : Summary for Dana Incorporated Common Stock - Yahoo Finance
Dana Incorporated (DAN)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||17.96 - 18.36|
|52 Week Range||9.80 - 20.62|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||4.18|
|Dividend & Yield||0.24 (1.25%)|
|1y Target Est||N/A|