Dana Corporation Plans to Sell Notes
Jul 18, 2001
TOLEDO, Ohio, July 18 /PRNewswire/ -- Dana Corporation (NYSE: DCN) today announced that it plans to make a private placement of dollar and/or euro denominated notes. The company expects to commence the offering shortly. Proceeds are expected to be used to repay outstanding short-term indebtedness and for other general corporate purposes. The notes will be general, unsecured obligations of Dana Corporation. The securities offered have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. (Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) This release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve assumptions, uncertainties and risks, and Dana's actual future results, performance, or achievements may differ materially from those expressed or implied in these statements. Among the factors that could affect the company's actual results are its ability to sell the notes on acceptable terms, if at all. Additional factors are detailed in Dana's public filings with the Securities and Exchange Commission. Dana does not undertake to update any forward-looking statements contained herein.
SOURCE Dana Corporation
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