Magna International Issues $400 Million Senior Notes

Magna International ( (TSE:MG) ) has shared an announcement.

On May 22, 2025, Magna International Inc. announced the issuance of $400 million in 5.875% Senior Notes due in 2035, as part of a Tenth Supplemental Indenture with The Bank of New York Mellon as trustee. This move is part of Magna’s strategic financial management, potentially impacting its capital structure and providing liquidity for future investments, thereby strengthening its position in the automotive sector.

The most recent analyst rating on (TSE:MG) stock is a Hold with a C$48.00 price target. To see the full list of analyst forecasts on Magna International stock, see the TSE:MG Stock Forecast page.

Spark’s Take on TSE:MG Stock

According to Spark, TipRanks’ AI Analyst, TSE:MG is a Outperform.

Magna International scores a solid 72, reflecting its strong financial performance and attractive valuation as primary strengths. While technical indicators suggest caution, the company’s strategic direction and governance are positive. Investors should remain mindful of macroeconomic challenges impacting production.

To see Spark’s full report on TSE:MG stock, click here.

More about Magna International

Magna International Inc. is a leading global automotive supplier based in Aurora, Ontario, Canada. The company specializes in manufacturing automotive systems, assemblies, modules, and components, and is focused on innovation and technology in the automotive industry.

Average Trading Volume: 2,066,805

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$14.23B

Find detailed analytics on MG stock on TipRanks’ Stock Analysis page.