Magna International Inc. 5.5% 21-MAR-2033Magna International Inc. 5.5% 21-MAR-2033Magna International Inc. 5.5% 21-MAR-2033

Magna International Inc. 5.5% 21-MAR-2033

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MGA5552728 analysis



Key facts


Issue date
Mar 21, 2023
Maturity date
Mar 21, 2033
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.50% (Fixed)
Yield to maturity
5.27%
Magna International, Inc. is a mobility technology company, which engages in the design, engineering, and manufacturing of automotive supplies. It operates through the following segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment includes body and chassis systems, exterior systems, and roof systems operations. The Power & Vision segment comprises of global powertrain systems, electronics systems, mirrors, lighting, and mechatronics operations. The Seating Systems segment deals with global seating systems operations. The Complete Vehicles segment focuses on vehicle engineering and manufacturing operations. The company was founded by Frank Stronach in 1957 and is headquartered in Aurora, Canada.
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