Dana Holding Corporation Reduces Debt and Refinances Secured Term Loan With $750 Million in Senior Unsecured Notes; Receives Commitment for a New Five-year $500 Million Revolving Credit Facility; Receives Upgraded Credit Rating of BB- From Standard |
| February 01, 2011 | February 2011 Bond Updates |
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MAUMEE, Ohio, Jan. 28, 2011 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN) today announced that it has completed the refinancing of its capital structure. Dana has paid down debt and replaced its secured term loan with $750 million in senior unsecured notes in a registered notes offering |
| View more at: http://www.prnewswire.com/news-releases/dana-holding-corporation-reduces-debt-and-refinances-secured-term-loan-with-750-million-in-senior-unsecured-notes-receives-commitment-for-a-new-five-year-500-million-revolving-credit-facility-receives-upgraded-credi |
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