Moody’s Investors Service (“Moody’s”) assigned a B2 rating to Dana Incorporated’s (Dana) new $400 million senior unsecured notes. The net proceeds from the notes will be used for general corporate purposes, including the partial paydown of borrowings under the senior secured revolving credit facility. All other ratings of Dana’s debt are unaffected, including the corporate family rating at Ba3 which was confirmed on June 12, 2020.