Bond Magna Global 3.1% ( CA559222AT14 ) in CAD

Issuer Magna Global
Market price 100 %  ⇌ 
Country  Canada
ISIN code  CA559222AT14 ( in CAD )
Interest rate 3.1% per year ( payment 2 times a year)
Maturity 14/12/2022 - Bond has expired



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Minimal amount 1 000 CAD
Total amount 425 000 000 CAD
Cusip 559222AT1
Detailed description Magna International Inc. is a Canadian multinational automotive parts supplier headquartered in Aurora, Ontario, designing, developing, and manufacturing automotive systems, assemblies, modules, and components, and engineering and assembling complete vehicles.

Magna International, a leading Canada-based global automotive supplier involved in the design, development, and manufacturing of automotive systems, components, and complete vehicles, confirmed the maturity and full repayment of its bond issue identified by ISIN CA559222AT14 (CUSIP: 559222AT1), a CAD 425,000,000 offering that bore an annual interest rate of 3.1% paid semi-annually, with individual units available from CAD 1,000, which reached its scheduled maturity date on December 14, 2022, and was redeemed at 100% of its principal value.