Dana Incorporated 5.375% 15-NOV-2027Dana Incorporated 5.375% 15-NOV-2027Dana Incorporated 5.375% 15-NOV-2027

Dana Incorporated 5.375% 15-NOV-2027

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DAN4908914 analysis



Key facts


Issue date
Nov 20, 2019
Maturity date
Nov 15, 2027
Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.38% (Fixed)
Yield to maturity
5.84%
Dana, Inc. engages in the manufacture, distribution, and sale of technology drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products. It operates through the following segments: Light Vehicle, Commercial Vehicle, Off-Highway, and Power Technologies. The Light Vehicle segment includes drivetrain systems and components for passenger cars, crossovers, sport utility vehicles, vans, and light trucks. The Commercial Vehicle segment consists of drivetrain and tire-pressure management systems, as well as genuine service parts for medium and heavy-duty commercial vehicles. The Off-Highway segment offers drivetrain systems and individual product solutions under the Spicer brand, and motion systems for associated machine working functions and stationary industrial equipment under the Brevini brand. The Power Technologies segment consists of sealing solutions and thermal management technologies for reducing fuel consumption and emissions. The company was founded by Clarence W. Spicer on April 1, 1904 and is headquartered in Maumee, OH.
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