Deals 06/08/2020

Loop Capital Markets acted as co-manager on a $750 million senior unsecured bond offering for Magna International Inc.

On June 8, 2020, Loop Capital Markets acted as a co-manager on a 10 year, $750 million, senior unsecured bond offering for Magna International inc. The bond is rated A3.

Use of proceeds are earmarked for general corporate purposes, which may include capital expenditures and acquisitions.