Magna's (MGA) long-term prospects are strong on the back of innovation, cost control, frequent business wins and a sound balance sheet.
Key Insights Magna International's estimated fair value is CA$115 based on 2 Stage Free Cash Flow to Equity Current...
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES AURORA, Ontario, May 27, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an agency agreement providing for the issuance, by way of private placement in each of the provinces of Canada, of CAD$450 million aggregate principal amount of senior unsecured notes due 2029. The notes will bear interest at an annual rate of 4.80% and will mature on May 30,