Magna announces senior notes offering

Aurora, ontario, march 05, 2024 (globe newswire) -- magna international inc. (tsx: mg; nyse: mga) today announced that it has entered into an underwriting agreement in respect of the offering of u.s.$400 million aggregate principal amount of senior unsecured notes due 2029 (the “notes”). the notes will bear interest at an annual rate of 5.050% and will mature on march 14, 2029.
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