Magna International (MGA) said Wednesday that it has launched two senior notes offerings, comprising 3.625% 575 million euros ($642.8 million) notes and 5.875% $400 million notes.
The euro notes are due May 21, 2031, whereas, the dollar notes have a maturity of June 1, 2035. The offerings are expected to close May 21 and May 22, respectively.
The Canadian auto parts maker said it plans to use the proceeds from both the offerings for general corporate purposes, which may include the repayment of its existing indebtedness.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。