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Prospect News home > News index > List of issuers D > Headlines for Dana Inc. > News item
Published on 6/16/2020 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch rates Dana notes BB+

Fitch Ratings said it assigned a rating of BB+/RR4 to Dana Inc.’s proposed issuance of $400 million in senior unsecured notes due 2028.

Proceeds will be used for general corporate purposes, including repaying $100 million in borrowings on the company's revolver.

Fitch rates Dana at BB+ with a negative outlook.


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