Shearman & Sterling represented the underwriters, led by BofA Securities, Citigroup, BNP PARIBAS, RBC Capital Markets, Scotiabank and TD Securities, as joint book-running managers, in connection with a registered public offering by Magna International of $400 million aggregate principal amount of its 5.050% Senior Notes due 2029. The offering was conducted under the U.S.-Canada multijurisdictional disclosure system (MJDS).
Magna International is a Canadian-based leading global automotive supplier with 342 manufacturing operations and 104 product development, engineering and sales centres.
