8-KThe WireRoutine
Company Update
Filed Jan 8, 2026 · 5mo ago · Accession 0000950142-26-000088
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 7, 2026
Dana Incorporated
(Exact name of registrant as specified in
its charter)
Delaware
1-1063
26-1531856
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification Number)
3939 Technology Drive , Maumee , Ohio 43537
(Address of principal executive offices, including zip
code)
( 419 ) 887-3000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section
12(b) of the Act:
Title of Each
Class
Trading
Symbol
Name of Each Exchange
on which Registered
Common Stock, $.01 par value
DAN
New York Stock Exchange
Indicate by check mark whether the registrant is an
emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
Final Results of Tender Offers
On January 7, 2026 (the “Settlement Date”),
Dana Incorporated, a Delaware corporation (“Dana”), and Dana Financing Luxembourg S.à r.l., a Luxembourg private limited
liability company and wholly owned subsidiary of Dana (“Dana Financing” and, together with Dana, the “Company”),
effected the settlement of their previously announced cash tender offers (the “Offers”) to purchase a portion of (i) Dana’s
5.375% Senior Notes due 2027 (the “2027 Notes”), (ii) Dana’s 5.625% Senior Notes due 2028 (the “2028 Notes”),
(iii) Dana Financing’s 3.000% Senior Notes due 2029 (the “2029 Notes”), (iv) Dana’s 4.250% Senior Notes due 2030
(the “2030 Notes”), (v) Dana Financing’s 8.500% Senior Notes due 2031 (the “2031 Notes”) and (vi) Dana’s
4.500% Senior Notes due 2032 (the “2032 Notes” and, together with the 2027 Notes, the 2028 Notes, the 2029 Notes, the 2030
Notes and the 2031 Notes, the “Notes”).
The Offers expired at 5:00 p.m., New York City
time, on January 5, 2026 (the “Expiration Time”) and, according to information provided to the Company by D.F. King &
Co. Inc., the Tender Agent and Information Agent for the Offers, as of the Expiration Time, the Notes validly tendered and not validly
withdrawn were (i) $138,276,000 aggregate principal amount of the 2027 Notes, representing approximately 34.6% of the outstanding 2027
Notes, (ii) $142,366,000 aggregate principal amount of the 2028 Notes, representing approximately 35.6% of the outstanding 2028 Notes,
(iii) €252,636,000 aggregate principal amount of the 2029 Notes, representing approximately 77.7% of the outstanding 2029 Notes,
(iv) $348,685,000 aggregate principal amount of the 2030 Notes, representing approximately 87.2% of the outstanding 2030 Notes, (v) €8,569,000
aggregate principal amount of the 2031 Notes, representing approximately 2.0% of the outstanding 2031 Notes, and (vi) $328,498,000 aggregate
principal amount of the 2032 Notes, representing approximately 93.9% of the outstanding 2032 Notes.
On the Settlement Date, the Company purchased
at 100% of the principal amount accepted for purchase (i) $138,276,000 aggregate principal amount of the 2027 Notes, (ii) $142,366,000
aggregate principal amount of the 2028 Notes, (iii) €140,725,000 aggregate principal amount of the 2029 Notes, which was subject
to a proration factor of approximately 55.7%, (iv) $173,200,000 aggregate principal amount of the 2030 Notes, which was subject to a proration
factor of approximately 49.7%, (v) €8,569,000 aggregate principal amount of the 2031 Notes and (vi) $151,548,000 aggregate principal
amount of the 2032 Notes, which was subject to a proration factor of approximately 46.1%. The Notes purchased by the Company have been
canceled.
Dana funded the purchase of the Notes (including
the payment of accrued and unpaid interest) using the proceeds from its previously announced sale of its off-highway business.
This Current Report on Form 8-K does
not constitute an offer to sell or purchase, or the solicitation of tenders with respect to, any security.
Redemption of 2027 Notes and 2028 Notes
On January 8, 2026 (the “Redemption Date”),
Dana completed the previously announced redemption of all of its remaining outstanding 2027 Notes and 2028 Notes (the “Redemption”)
at a redemption price of 100% of the principal amount thereof, plus accrued and unpaid interest to, but excluding, the Redemption Date.
As a result of the Redemption, all outstanding 2027 Notes and 2028 Notes were redeemed and, as of the date of this Current Report on
Form 8-K, no 2027 Notes or 2028 Notes remain outstanding.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DANA
INCORPORATED
By:
/s/ Douglas H. Liedberg
Date: January 8, 2026
Name:
Douglas H. Liedberg
Title:
Senior Vice President, Chief Legal and Human Resources Officer and Corporate
Secretary
Filing details
- Company
- DANA Inc
- Ticker
- DAN
- CIK
- 26780
- Form type
- 8-K
- Filing date
- Jan 8, 2026
- Report date
- Jan 7, 2026
- Document
- eh260723311_8k.htm
- Size
- 184 KB