# EDGAR Filing Document

**Accession Number:** 0000749098
**File Stem:** 0001193125-23-062945
**Filing Date:** 2023-3
**Character Count:** 6236
**Document Hash:** d77b9661bd4a8eda8c54e29e9a2cb9d6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-062945.hdr.sgml**: 20230307

**ACCESSION NUMBER**: 0001193125-23-062945

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230307

**DATE AS OF CHANGE**: 20230307

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MAGNA INTERNATIONAL INC
- **CENTRAL INDEX KEY:** 0000749098
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLE PARTS & ACCESSORIES [3714]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-270086
- **FILM NUMBER:** 23712612

**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
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MAGNA INTERNATIONAL INC
- **CENTRAL INDEX KEY:** 0000749098
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLE PARTS & ACCESSORIES [3714]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**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

**Filed Pursuant to Rule 433** 

**Registration No. 333-270086** 

**March 7, 2023**![LOGO](g407023g68h51.jpg)

**Magna International Inc.** 

**Pricing Term Sheet** 

**€550,000,000 4.375% Senior Notes due 2032** 

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| | |
|:---|:---|
|  **Issuer** | Magna International Inc. |
|  **Format** | SEC Registered |
|  **Trade Date** | March 7, 2023 |
|  **Settlement Date** | March 17, 2023 (T+8) |
|  **Issue of Securities** | 4.375% Senior Notes due 2032 |
|  **Aggregate Principal Amount Offered** | €550,000,000 |
|  **Maturity Date** | March 17, 2032 |
|  **Expected Ratings\*** | A3 (Stable) / A- (Stable) (Moody's / S&P) |
|  **Interest Rate** | 4.375% |
|  **Mid-Swap Yield** | 3.255% |
|  **Spread to Mid-Swap Yield** | +113 basis points |
|  **Yield to Maturity** | 4.385% |
|  **Benchmark Bund** | DBR 0.000% due February 15, 2032 |
|  **Benchmark Bund Price and Yield** | 78.97%; 2.676% |
|  **Spread to Benchmark Bund** | +170.9 basis points |
|  **Price to Public** | 99.927%, plus accrued interest, if any, from March 17, 2023 |
|  **Interest Payment Dates** | Annually in arrears on March 17 of each year, beginning on March 17, 2024 |

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| | |
|:---|:---|
| **Day Count Fraction** | ACTUAL/ACTUAL (ICMA) |
| **Make-Whole Call** | Prior to December 17, 2031, Bund Rate +30 basis points |
| **Par Call** | On or after December 17, 2031 |
| **Listing** | The Issuer intends to apply to list the notes on the New York Stock Exchange. There can be no assurance that any such application will be successful or that any such listing will be granted or maintained. |
| **Denominations** | Minimum of €100,000 and integral multiples of €1,000 in excess thereof. |
| **Common Code/ISIN/CUSIP** | 259767709 / XS2597677090 / 559222AZ7 |
| **Joint Book-Running Managers** | BNP Paribas<br> Citigroup Global Markets Limited<br> Merrill Lynch International<br> ING Bank N.V. |
| **Co-Managers** | Commerzbank Aktiengesellschaft<br> Goldman Sachs & Co. LLC<br> HSBC Bank plc<br> ICBC Standard Bank plc<br> Loop Capital Markets LLC<br> Raiffeisen Bank International AG<br> RBC Europe Limited<br> Scotiabank (Ireland) Designated Activity Company <br>The Toronto-Dominion Bank<br> Wells Fargo Securities, LLC |

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A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

It is expected that delivery of the notes will be made against payment therefor on or about March 17, 2023, which will be the eighth New York City business day following the date of pricing of the notes (this settlement cycle being referred to as "T+8"). Under Rule 15c6-1 of the U.S. Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to a trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes prior to the second business day before the settlement date will be required, by virtue of the fact that the notes initially will settle in T+8, to specify alternative settlement arrangements to prevent a failed settlement.

The issuer has filed a registration statement (including a base prospectus) and a preliminary prospectus supplement with the United States Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC

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for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the base prospectus and the prospectus supplement if you request it by calling BNP Paribas toll-free at 1-800-854-5674, Citigroup Global Markets Limited toll-free at 1-800-831-9146 or Merrill Lynch International toll-free at 1-800-294-1322.

ICBC Standard Bank Plc is restricted in its U.S. securities dealings under the United States Bank Holding Company Act and may not underwrite, subscribe, agree to purchase or procure purchasers to purchase notes that are offered or sold in the United States. Accordingly, ICBC Standard Bank Plc shall not be obligated to, and shall not, underwrite, subscribe, agree to purchase or procure purchasers to purchase notes that may be offered or sold by other underwriters in the United States. ICBC Standard Bank Plc shall offer and sell the Notes constituting part of its allotment solely outside the United States.