Magna International Files Tenth Supplemental Indenture

Ticker: MGA · Form: 6-K · Filed: 2025-05-22T00:00:00.000Z

Sentiment: neutral

Topics: debt, indenture, filing

TL;DR

Magna inked a new debt indenture with BNY Mellon on May 22, 2025.

AI Summary

Magna International Inc. filed a Form 6-K on May 22, 2025, reporting the Tenth Supplemental Indenture dated May 22, 2025, between Magna and The Bank of New York Mellon. This filing indicates Magna is providing an update on its debt instruments.

Why It Matters

This filing provides an update on Magna's debt structure, which could impact its financial leverage and future borrowing capacity.

Risk Assessment

Risk Level: low — This is a routine filing related to debt agreements and does not indicate any immediate operational or financial distress.

Key Players & Entities

FAQ

What is the purpose of the Tenth Supplemental Indenture?

The filing does not explicitly state the purpose, but supplemental indentures typically amend or supplement existing indentures, often to add new series of debt securities or modify terms.

Who is the counterparty to Magna in this indenture?

The counterparty is The Bank of New York Mellon, acting as trustee.

What is Magna International's primary business?

Magna International Inc. is in the business of manufacturing motor vehicle parts and accessories.

When was this filing submitted to the SEC?

The filing was submitted on May 22, 2025.

Does Magna file annual reports on Form 20-F or 40-F?

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

From the Filing

0001193125-25-125048.txt : 20250522 0001193125-25-125048.hdr.sgml : 20250522 20250522161031 ACCESSION NUMBER: 0001193125-25-125048 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20250522 FILED AS OF DATE: 20250522 DATE AS OF CHANGE: 20250522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGNA INTERNATIONAL INC CENTRAL INDEX KEY: 0000749098 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing EIN: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11444 FILM NUMBER: 25977202 BUSINESS ADDRESS: STREET 1: 337 MAGNA DRIVE STREET 2: N/A CITY: AURORA, ONTARIO, CAN STATE: A6 ZIP: L4G 7K1 BUSINESS PHONE: 9057262462 MAIL ADDRESS: STREET 1: 337 MAGNA DRIVE STREET 2: N/A CITY: AURORA, ONTARIO, CAN STATE: A6 ZIP: L4G 7K1 6-K 1 d13477d6k.htm 6-K 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the month of May 2025 Commission File Number: 001-11444 MAGNA INTERNATIONAL INC. (Exact Name of Registrant as specified in its Charter) 337 Magna Drive, Aurora, Ontario, Canada L4G 7K1 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☐   Form 40-F ☒ 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. MAGNA INTERNATIONAL INC. (Registrant) Date: May 22, 2025 By: /s/ “Bassem Shakeel” Bassem A. Shakeel, Vice-President, Associate General Counsel and Corporate Secretary EXHIBITS Exhibit 99 Tenth Supplemental Indenture, dated as of May 22, 2025, between the Registrant and The Bank of New York Mellon, as trustee. EX-99 2 d13477dex99.htm EX-99 EX-99 Exhibit 99 Execution Version MAGNA INTERNATIONAL INC. to THE BANK OF NEW YORK MELLON as Trustee Tenth Supplemental Indenture dated as of May 22, 2025 to Indenture dated as of June 16, 2014 $400,000,000 5.875% Senior Notes due 2035 TABLE OF CONTENTS Page ARTICLE I RELATION TO INDENTURE; DEFINITIONS SECTION 1.01 Relation To Indenture 1 SECTION 1.02 Rules of Interpretation; Definitions 1 ARTICLE II THE SERIES OF DEBT SECURITIES SECTION 2.01 Title of the Debt Securities 6 SECTION 2.02 Limitations on Aggregate Principal Amount 6 SECTION 2.03 Registered Debt Securities; Global Form 7 SECTION 2.04 Form and Terms of Notes; Payment 7 SECTION 2.05 Registrar, Transfer Agent and Paying Agent 7 SECTION 2.06 Applicability of Certain Indenture Provisions 7 SECTION 2.07 Interest Act (Canada) 8 SECTION 2.08 Additional Amounts 8 ARTICLE III CERTAIN COVENANTS APPLICABLE TO THE NOTES SECTION 3.01 Limitation on Secured Debt 8 SECTION 3.02 Sale and Leaseback Transactions 10 SECTION 3.03 Restrictions on Transfer of Principal Property to Unrestricted Subsidiaries 11 SECTION 3.04 Right to Require Repurchase Upon a Change of Control Triggering Event 11 ARTICLE IV REDEMPTION SECTION 4.01 Applicability of Article Four of the Indenture 12 SECTION 4.02 Redemption at the Option of the Company 13 ARTICLE V MISCELLANEOUS PROVISIONS SECTION 5.01 Ratification of Indenture 13 SECTION 5.02 Governing Law 13 SECTION 5.03 Counterparts; Electronic Means 14 SECTION 5.04 Sanctions 15 SECTION 5.05 Recitals 15 SECTION 5.06 Waiver of Trial by Jury 15 EXHIBIT A Form of Note A-1 i TENTH SUPPLEMENTAL INDENTURE, dated as of May 22, 2025 (this “ Supplemental Indenture ”), between MAGNA INTERNATIONAL INC., a corporation duly organized and existing under the laws of the Province of Ontario (the “ Company ”), and THE BANK OF NEW YORK MELLON, a New York banking corporation, as trustee (the “ Trustee ”). RECITALS OF THE COMPANY WHEREAS, the

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