
Dana Inc., founded in 1904 and headquartered in Maumee, Ohio, is a leading global supplier of highly engineered driveline and electromobility solutions. The company focuses on delivering advanced technologies to enhance vehicle performance, efficiency, and sustainability across various industries, including automotive and commercial vehicles.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
DAN 4.25% 2030-09-01 USDDana Inc | United States | 2030-09-01 | 4.250 | 4.45 |
DAN 4.50% 2032-02-15 USDDana Inc | United States | 2032-02-15 | 4.500 | 4.74 |
DAN 5.38% 2027-11-15 USDDana Inc | United States | 2027-11-15 | 5.375 | 5.35 |
DAN 5.63% 2028-06-15 USDDana Inc | United States | 2028-06-15 | 5.625 | 5.61 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Dana Inc. began issuing corporate bonds in the late 1990s to support its growth and expansion initiatives. Notably, in 2020, Dana issued $500 million of senior notes due 2028, which attracted considerable investor interest due to their appealing yield compared to industry averages. The company continuously strengthens its balance sheet and financial stability, actively managing its debt portfolio to adapt to changing market conditions, while its bonds are often characterized by features such as call options to maximize investor flexibility.