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Stock impact report

Magna Announces Filing of Preliminary Shelf Prospectus and Registration Statement; Amends 364-Day Syndicated Credit Facility

Magna International, Inc. (MGA) 
Last magna international, inc. earnings: 2/21 05:00 am Check Earnings Report
US:NYSE Investor Relations: magna.com/investors
Company Research Source: GlobeNewswire
AURORA, Ontario, April 14, 2020 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it filed a preliminary short form base shelf prospectus (“shelf prospectus”) with the Ontario Securities Commission (the "OSC") and a corresponding shelf registration statement with the United States Securities and Exchange Commission (the "SEC") on Form F-10. Our previous short form base shelf prospectus expired in September 2019. “With our actions today we have made our strong financial position even stronger. Our amended revolving credit facility increases our committed and available credit lines to $3.7 billion, and the prospectus filing provides flexibility to pursue public debt financing down the road for our business.”- Vince Galifi, Magna’s Chief Financial Officer Ma Show less Read more
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