Brief: Magna Says Private Placement Of C$450 Mln Aggregate Principal Amount Of Senior Unsecured Notes Due 2029
27/05/2024 23:57
May 27 (Reuters) - Magna International Inc MG.TO :
* MAGNA ANNOUNCES CAD SENIOR NOTES OFFERING
* MAGNA INTERNATIONAL - PRIVATE PLACEMENT IN EACH OF
PROVINCES OF
CANADA, OF CAD$450 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR
UNSECURED NOTES DUE 2029
* NOTES WILL BEAR INTEREST AT AN ANNUAL RATE OF 4.80% AND
WILL
MATURE ON MAY 30, 2029
Source text for Eikon: ID:nGNX6WSDhG
Further company coverage: MG.TO
((Reuters.Briefs@thomsonreuters.com;))
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