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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000912057-02-028001.txt : 20020722
<SEC-HEADER>0000912057-02-028001.hdr.sgml : 20020722
<ACCEPTANCE-DATETIME>20020722075841
ACCESSION NUMBER:		0000912057-02-028001
CONFORMED SUBMISSION TYPE:	6-K
CONFIRMING COPY:	
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20020606
FILED AS OF DATE:		20020722

FILER:

	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:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11444

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a2081954z6-k.txt
<DESCRIPTION>FORM 6K
<TEXT>
<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 6-K

                        REPORT OF FOREIGN PRIVATE ISSUER

                      Pursuant to Rule 13a-16 or 15d-16 of
                       the Securities Exchange Act of 1934



                          For the month of June , 2002

                            MAGNA INTERNATIONAL INC.
             ------------------------------------------------------
             (Exact name of Registrant as specified in its Charter)

                    337 Magna Drive, Aurora, Ontario L4G 7K1
                    ----------------------------------------
                    (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.

                             Form 20-F         Form 40-F XX
                                       --                --

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                                    Yes         No XX
                                        --         --
[If "Yes" is marked,  indicate below the file number  assigned to the registrant
in connection with Rule 12g3-2(b): 82- .]

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Report on Form 6-K to be signed on its behalf by
the undersigned, thereunto duly authorized.




                 MAGNA INTERNATIONAL INC. (Registrant)



                 By:   /s/ J. Brian Colburn
                 ----------------------------------------------------------
                        J. Brian Colburn
                        Executive Vice-President, Special Projects and Secretary

Date:   June 6, 2002


<PAGE>



                                    EXHIBITS

<TABLE>
<S>           <C>

Exhibit 1     Press release issued June 6, 2002 in which the Registrant
              announced its completion of the previously announced
              redemption of the US$480,000,000 principal amount of 4.875%
              convertible Debentures due 2005

</TABLE>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>3
<FILENAME>a2081954zex-1.txt
<DESCRIPTION>EXHIBIT 1
<TEXT>
<PAGE>

[MAGNA LOGO]                                          MAGNA INTERNATIONAL INC.

                                                      337 Magna Drive
                                                      Aurora, Ontario L4G 7K1
                                                      Tel   (905) 726-2462
                                                      Fax   (905) 726-7164






                                  PRESS RELEASE

                         MAGNA ANNOUNCES COMPLETION OF
                            CONVERSION/REDEMPTION OF
                     4.875% CONVERTIBLE DEBENTURES DUE 2005


June 6, 2002, AURORA, ONTARIO, CANADA......MAGNA INTERNATIONAL INC. (TSE:
MG.A, MG.B; NYSE: MGA) announced today that holders of an aggregate
U.S.$40,330,000 principal amount of its 4.875% Convertible Debentures due 2005
("Debentures") had converted their Debentures into 543,011 Class A Subordinate
Voting Shares on or before June 5, 2002 at U.S.$74.27, the specified
conversion price per share. The aggregate U.S.$439,670,000 principal amount of
Debentures which remained outstanding and unconverted following the close of
business on June 5, 2002 was redeemed at a redemption price of U.S.$1,015.0313
per U.S.$1,000 principal amount of Debentures, including accrued and unpaid
interest to and including June 5, 2002. The redemption price was paid by Magna
issuing 13.6477 Class A Subordinate Voting shares for each U.S. $1,000
principal amount of Debentures and the accrued and unpaid interest thereon to
and including June 5, 2002. An aggregate of 6,000,484 Magna Class A
Subordinate Voting Shares were issued to holders of unconverted Debentures in
payment of the aggregate redemption price. The Debentures were called for
redemption on May 2, 2002.

Magna, one of the most diversified automotive suppliers in the world, designs,
develops and manufactures automotive systems, assemblies, modules and
components, and engineers and assembles complete vehicles, primarily for sale
to original equipment manufacturers of cars and light trucks in North America,
Europe, Mexico, South America and Asia. Magna's products include: interior
products, including complete seats, instrument and door panel systems and
sound insulation, and closure systems through Intier Automotive Inc.; stamped,
hydroformed and welded metal parts and assemblies through Cosma International;
exterior and interior mirror systems through Magna Mirror Systems; a variety
of plastic parts and exterior decorative systems including body panels and
fascias through Decoma International Inc.; various engine, transmission,
fueling and cooling components through Tesma International Inc.; and a variety
of drivetrain components and complete vehicle engineering and assembly through
Magna Steyr. Magna's non-automotive activities are conducted through Magna
Entertainment Corp.

Magna has approximately  67,000 employees in 174  manufacturing  operations
and 43 product development and engineering centres in 19 countries.

For further information:  please contact Vincent Galifi or Louis Tonelli at
(905) 726-7100.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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