Dana Incorporated — Moody’s says Dana’s announcement to upsize unsecured notes is credit positive with additional liquidity

Moody’s Investors Service (” Moody’s “), said that the announcement by Dana Incorporated (Dana) to upsize its unsecured notes is a positive credit development but does not currently impact Dana’s Ba3 Corporate Family Rating, or negative outlook. Dana Incorporated, headquartered in Maumee, Ohio, is a global manufacturer of driveline, sealing and thermal management products serving OEM customers in the light vehicle, commercial vehicle and off-highway markets. This publication does not announce a credit rating action.

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