Dana Initiates Cash Tender Offers for Debt Reduction

Tip Ranks
2025.12.04 22:32
portai
I'm PortAI, I can summarize articles.

Dana Incorporated announced cash tender offers for debt reduction, linked to the sale of its off-highway business, expected to yield $2.3 billion. The offers, expiring January 5, 2026, aim to use $1,066 million to purchase notes. Dana also plans conditional redemption of 2027 and 2028 Notes, contingent on the asset sale. Analyst rating for Dana stock is a Buy with a $28.00 target, despite financial challenges and valuation concerns.

TipRanks Cyber Monday Sale

  • Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
  • Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off

Dana Incorporated ( (DAN) ) has provided an announcement.

On December 4, 2025, Dana Incorporated and its subsidiary, Dana Financing Luxembourg S.à r.l., initiated cash tender offers for certain outstanding notes, linked to the anticipated sale of Dana’s off-highway business. This move is part of a broader debt reduction strategy, contingent on the completion of the business sale, expected to yield $2.3 billion in cash. The offers, expiring on January 5, 2026, aim to use $1,066 million of the proceeds to purchase the notes, with D.F. King & Co., Inc. acting as the tender agent. Additionally, Dana announced the conditional full redemption of its 2027 and 2028 Notes, set for January 8, 2026, dependent on the asset sale condition.

The most recent analyst rating on (DAN) stock is a Buy with a $28.00 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.

Dana Incorporated’s overall stock score is influenced primarily by its financial performance challenges, including declining revenues and cash flow issues. Technical analysis shows positive trends but warns of potential overbought conditions. Valuation concerns due to a negative P/E ratio further weigh down the score. The earnings call provides a more optimistic outlook with improvements in EBITDA and free cash flow, but market challenges remain.

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

More about Dana Incorporated

Dana Incorporated is a company involved in the manufacturing industry, focusing on producing drive and motion products for various vehicle markets, including passenger, commercial, and off-highway vehicles.

Average Trading Volume: 1,878,927

Technical Sentiment Signal: Buy

Current Market Cap: $2.62B

Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
© 2025 Longbridge｜Disclaimer