DBRS Releases Report on Magna International Inc.

DBRS has today released a report on Magna International Inc. that provides further detail on the recent upgrade of the Senior Debt ratings to A (low) from BBB (high) and the Commercial Paper to R-1 (low) from R-2 (high). The trend on the ratings was also recently changed to Stable from Positive.

Today’s report and the June 8, 2012, press release, are available at www.dbrs.com or by contacting us at info@dbrs.com.

Note:
The applicable methodology is Rating Automotive Suppliers (April 2011), which can be found on our website under Methodologies.