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Dana Incorporated completes major senior notes redemption

Story Highlights
  • Dana settled cash tender offers on January 7, 2026, buying and canceling large portions of several senior note issues.
  • Funded by its off-highway business sale, Dana fully redeemed remaining 2027 and 2028 notes on January 8, 2026, reshaping its debt profile.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dana Incorporated completes major senior notes redemption

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Dana Incorporated ( (DAN) ) has issued an update.

On January 7, 2026, Dana Incorporated and its subsidiary Dana Financing Luxembourg S.à r.l. settled previously announced cash tender offers for multiple tranches of U.S. dollar- and euro-denominated senior notes maturing between 2027 and 2032, purchasing significant portions of these securities at par, with some series subject to proration, and canceling all notes acquired. The transactions, funded with proceeds from the company’s earlier sale of its off-highway business, were followed on January 8, 2026 by the full redemption at par of all remaining 2027 and 2028 notes, leaving no outstanding debt under those two series and marking a substantial step in reshaping Dana’s debt profile and capital structure for stakeholders.

The most recent analyst rating on (DAN) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on Dana Incorporated stock, see the DAN Stock Forecast page.

Spark’s Take on DAN Stock

According to Spark, TipRanks’ AI Analyst, DAN is a Neutral.

The score is held back mainly by weak financial performance—especially deteriorated free cash flow and pressured margins alongside declining revenue. Technicals are supportive with the stock above major moving averages, but overbought readings raise near-term risk. Valuation is a headwind due to the very high P/E with only a modest dividend yield, partly offset by a more optimistic earnings-call outlook and positive, debt-reducing corporate actions.

To see Spark’s full report on DAN stock, click here.

More about Dana Incorporated

Dana Incorporated is a Delaware-based company that, through its wholly owned subsidiary Dana Financing Luxembourg S.à r.l., issues senior notes in global capital markets to support its operations and strategic initiatives, including recent portfolio changes such as the sale of its off-highway business.

Average Trading Volume: 1,954,479

Technical Sentiment Signal: Buy

Current Market Cap: $3.02B

See more data about DAN stock on TipRanks’ Stock Analysis page.

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