Dana Corporation 8-K
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):       November 27, 2007     
Dana Corporation
 
(Exact name of registrant as specified in its charter)
         
Virginia   1-1063   34-4361040
         
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification Number)
         
4500 Dorr Street, Toledo, Ohio       43615
         
(Address of principal executive offices)       (Zip Code)
Registrant’s telephone number, including area code:       (419) 535-4500     
Not applicable
 
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 8.01. Other Events.
     Dana Corporation (Dana) and certain of its subsidiaries (collectively, the Debtors) are operating under Chapter 11 of the United States Bankruptcy Code. The Debtors’ Chapter 11 cases (collectively, the Bankruptcy Cases) are pending in the United States Bankruptcy Court for the Southern District of New York (the Bankruptcy Court), where they have been consolidated under the caption In re Dana Corporation, et al., Case No. 06-10354 (BRL).
     On November 27, 2007, Dana entered into a Commitment Letter with Citigroup Global Markets Inc., Lehman Brothers Inc., Lehman Brothers Commercial Bank, Lehman Commercial Paper Inc., and Barclays Capital (Commitment Letter) for a $2.0 billion financing facility to be used to facilitate Dana’s emergence from bankruptcy. The effectiveness of the Commitment Letter remains subject to Bankruptcy Court approval. Copies of the Commitment Letter are available at www.dana.bmcgroup.com free of charge. In connection with the entry into the Commitment Letter, Dana issued a press release regarding the Commitment Letter. A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
     (d) Exhibits. The following exhibit is filed with this report.
     
Exhibit No.
  Description
 
   
99.1
  Press Release dated November 27, 2007

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Signatures
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  Dana Corporation
(Registrant)
 
 
Date: November 27, 2007  By:   /s/ Marc S. Levin    
    Marc S. Levin   
    Acting General Counsel and Acting Secretary   
 

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Exhibit Index
     
Exhibit No.
  Description
 
   
99.1
  Press Release dated November 27, 2007

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