Dana Buys Back $357.9 Million of Notes Through Tender Offers
Dana reported results of its tender offers for 2030 and 2032 notes, with $357,873,000 accepted for purchase. Settlement is set for November 17, per TradingView.
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what happened
Dana Incorporated reported the pricing and final results of its cash tender offers for any and all outstanding 4.250% senior notes due 2030 and 4.500% senior notes due 2032. The offers expired at 5:00 p.m. New York time on November 13, 2026. The information comes from TradingView, which republished the company's press release.
Holders validly tendered notes with a total principal of $357,873,000 by the expiration date. The consideration is $975.28 per $1,000 of 2030 notes and $976.35 per $1,000 of 2032 notes, and holders also receive accrued interest. Settlement is scheduled for November 17, 2026.
why it matters
For the corporate debt market, this is a routine liability management step in which the company retires part of its outstanding bonds at prices set off US Treasury reference yields with a zero spread. The news matters mainly to holders of these Dana notes, with limited wider market impact.
tags
instruments
sources
- Dana Announces Pricing, Expiration and Results of Tender Offers for Any and All of its Outstanding 4.250% Senior Notes due 2030 and 4.500% Senior Notes due 2032 — TradingView, 13 November 2026 at 23:42 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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