March 21, 2017 / 11:47 AM / 9 months ago

BRIEF-Dana launches $400 mln senior notes offering

March 21 (Reuters) - Dana Inc:

* Dana launches $400 million senior notes offering

* Dana Inc - its unit is proposing to issue $400 million aggregate principal amount of senior unsecured notes due 2025 in a private offering

* Dana -intends to use net proceeds from offering of 2025 notes to repay about $180 million of indebtedness of co’s units, among the others Source text for Eikon: Further company coverage:

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