11/24/2021 | Press release | Archived content
Shearman & Sterling advised the underwriters, in connection with the registered offering by Dana Incorporated ("Dana") of $350 million aggregate principal amount of its 4.500 percent senior notes due 2032.
Dana is a world leader in providing power-conveyance and energy-management solutions for vehicles and machinery. The company's portfolio improves the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment. From axles, driveshafts, and transmissions to electrodynamic, thermal, sealing, and digital solutions, the company enables the propulsion of conventional, hybrid, and electric-powered vehicles by supplying nearly every vehicle manufacturer in the world.
The Shearman & Sterling team below included associate Crystal Gao (New York-Capital Markets).