Magna International Inc. announced that it has entered into an agency agreement providing for the issuance, by way of private placement to issue senior unsecured non-convertible notes due 2029 in an aggregate principal amount of CAD 450,000,000 on May 27, 2024. The notes will bear interest at an annual rate of 4.80% and will mature on May 30, 2029. The offering is expected to close on May 30, 2024, subject to customary closing conditions.
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5-day change | 1st Jan Change | ||
56.71 CAD | -0.40% | -1.44% | -27.54% |
06-25 | Wells Fargo Cuts Magna International Price Target to $46 From $49, Maintains Equal Weight Rating | MT |
06-24 | Magna International Inc.(TSX:MG) dropped from S&P/TSX 60 Shariah Index | CI |
EPS Revisions
1st Jan change | Capi. | |
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-27.54% | 11.98B | |
+17.42% | 45.24B | |
-26.86% | 19.96B | |
+11.81% | 18.19B | |
+27.15% | 16.2B | |
+6.54% | 16.09B | |
+89.95% | 15.66B | |
+41.44% | 12.27B | |
+54.01% | 11.95B | |
-30.94% | 11.6B |
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- Magna International Inc. announced that it expects to receive CAD 450 million in funding