Magna International Files Credit Facility Amendment

Ticker: MGA · Form: 6-K · Filed: Apr 2, 2024 · CIK: 749098

Magna International Inc 6-K Filing Summary
FieldDetail
CompanyMagna International Inc (MGA)
Form Type6-K
Filed DateApr 2, 2024
Risk Levellow
Pages1
Reading Time1 min
Sentimentneutral

Sentiment: neutral

Topics: credit-facility, amendment, financing

TL;DR

Magna updated its global credit facility on March 28th, filed April 2nd.

AI Summary

Magna International Inc. filed a Form 6-K on April 2, 2024, reporting an amendment to its global credit facility dated March 28, 2024. This filing is made as a material contract amendment.

Why It Matters

This filing indicates a change or update to Magna's financing arrangements, which could impact its financial flexibility and operational capacity.

Risk Assessment

Risk Level: low — This is a routine filing reporting an amendment to an existing credit facility, not a significant event like a default or major financial distress.

Key Players & Entities

  • MAGNA INTERNATIONAL INC. (company) — Registrant
  • Bassem A. Shakeel (person) — Vice-President, Associate General Counsel and Corporate Secretary
  • March 28, 2024 (date) — Amendment date
  • April 2, 2024 (date) — Filing date

FAQ

What is the primary purpose of this Form 6-K filing?

The primary purpose is to report an amendment to Magna International Inc.'s global credit facility, filed as a material contract.

When was the amendment to the credit facility made?

The amendment to the global credit facility was made on March 28, 2024.

Who signed this Form 6-K on behalf of Magna International Inc.?

Bassem A. Shakeel, Vice-President, Associate General Counsel and Corporate Secretary, signed the Form 6-K.

What is Magna International Inc.'s principal executive office address?

Magna International Inc.'s principal executive office is located at 337 Magna Drive, Aurora, Ontario, Canada L4G 7K1.

Does Magna International Inc. file annual reports under Form 20-F or Form 40-F?

Magna International Inc. files annual reports under Form 40-F.

Filing Stats: 173 words · 1 min read · ~1 pages · Grade level 14.8 · Accepted 2024-04-02 15:12:38

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: April 2, 2024 MAGNA INTERNATIONAL INC. (Registrant) By: /s/ “Bassem Shakeel” Bassem A. Shakeel, Vice-President, Associate General Counsel and Corporate Secretary EXHIBITS Exhibit 99 March 28, 2024 amendment to Registrant’s global credit facility filed as a material contract (amended) with the regulatory authorities of the Registrant’s principal and other provincial jurisdictions in Canada.

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