Dana Financing Luxembourg SARL (DAN) 2023-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR425.0008Jul-31Sr. UnsecuredB1BB-BB+FixedBMid to High 8.00%8.50% a6308.50%-100.00000
Tranche Comments
8 yr: First Pay: 2024-01-15; Redemption: 2026-07-15; Registration: 144A/Reg S; Comments: EUR425m 8NC3 snr unsec. B1/BB-/BB+. GloCos Barc(log/B&D)/BofA, JBs BMO/Citi/CS/GS/JPM/Miz/RBC, Comans CITZ/FITB/Key. IPTs M/H 8s, talk 8.5% area, came 8.5% @par, B+630 vs 0% 8/31. LEI: 222100DKCE3D036DQU13. Call Schedule: 2026-07-15 @104.25, 2027-07-15 @102.125, 2028-07-15 @100.0. Reset Date: 2026-07-15;
Guarantor(s)
Dana Inc, Dana Ltd
Use of Proceeds
Refinancing