Dana announces pricing and allocation of incremental senior secured financing
Company to increase its existing term loan A facility by an aggregate principal amount of USD225 million
Dana has announced pricing and allocation of senior secured incremental financing expected to be incurred pursuant to definitive documentation that will amend the company's existing credit facility with Citibank, N.A., as administrative agent, in conjunction with the company's plan to purchase the Drive Systems segment of the Oerlikon Group, according to a company press release on 19 November.
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