Magna International increases revolver to $1 billion, extends to 2021

By Wendy Van Sickle

Columbus, Ohio, April 14 – Magna International Inc. amended its 364-day syndicated revolving credit facility to increase the size of the facility to $1 billion from $300 million and extend its maturity date to April 12, 2021 from June 2020, according to a press release.

Magna International is an Aurora, Ont.-based automotive supplier.

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