Core Viewpoint - Magna International Inc. has announced the offering of Euro and U.S. dollar denominated senior notes to raise funds for general corporate purposes, including potential debt repayment [1][2]. Group 1: Offering Details - The Euro senior notes have a principal amount of €575 million, maturing on May 21, 2031, with an annual interest rate of 3.625% [1]. - The U.S. dollar senior notes have a principal amount of $400 million, maturing on June 1, 2035, with an annual interest rate of 5.875% [1]. - The expected closing date for the Euro senior notes is May 21, 2025, and for the U.S. dollar senior notes is May 22, 2025, subject to customary closing conditions [2]. Group 2: Underwriting and Management - Joint book-running managers for the Euro senior notes include BNP PARIBAS, BofA Securities, Citigroup, Commerzbank, and ING [3]. - Joint book-running managers for the U.S. dollar senior notes include BofA Securities, Citigroup, J.P. Morgan, BNP PARIBAS, RBC Capital Markets, Scotiabank, TD Securities, and Wells Fargo Securities [3]. Group 3: Company Overview - Magna International is a leading supplier in the automotive industry, employing approximately 167,000 people across 342 manufacturing operations and 103 product development, engineering, and sales centers in 28 countries [6][8]. - The company has over 65 years of expertise and is positioned to advance mobility in an evolving transportation landscape [6].