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Autoliv: Board of Directors approves renewal of EMTN Programme
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STOCKHOLM, Feb. 22, 2022 /PRNewswire/ -- The Funding Committee of the Board of Directors of Autoliv, Inc. (NYSE: ALV and SSE: ALIV.sdb) (the "Company") approved today the renewal for one year of its €3,000,000,000 guaranteed euro medium term note programme (the "EMTN Programme"), which was originally established on 11 April 2019.
The renewal of the EMTN Programme will allow the Company to take advantage of the funding opportunities provided by the capital markets and institutional investors through the future issuance of notes (the "Notes"). The Notes issued by the Company under the EMTN Programme will be unconditionally and irrevocably guaranteed by the Company's parent, Autoliv ASP, Inc. (the "Guarantor").
The base listing particulars dated February 222, 2022 (the "Base Listing Particulars"), which has been prepared by the Company and the Guarantor in connection with the EMTN Programme, has been approved by Euronext Dublin and is available for viewing on the website of Euronext Dublin (http://www.ise.ie).
CONTACT:
Inquiries
Treasury: Par-Ola Wirenlind, Tel +46 (0) 7 030 332 78 Investors & Analysts: Anders Trapp, Tel +46 (0) 8 587 206 71 Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14 Media: Gabriella Ekelund, Tel +46 (70) 612 64 24
autoliv inc., the worldwide leader in automotive safety systems, develops and manufactures automotive safety systems for all major automotive manufacturers in the world. together with its joint ventures, autoliv has more than 80 facilities with more than 60,000 employees in 28 countries. in addition, the company has 18 technical centers in nine countries around the world, with 20 test tracks, more than any other automotive safety supplier. sales in 2014 amounted to us $9.2 billion. autoliv develop, manufacture and market airbags, seatbelts, steering wheels, passive safety electronics and active safety systems such as radar, night vision and camera vision systems. we also produce anti-whiplash systems, pedestrian protection systems and child seats. the company's leading market position in automotive safety includes a global market share of approximately 37% in passive safety and 20-25% in active safety. incorporated in the state of delaware, autoliv inc. is the result of a merger
View original content:https://www.prnewswire.com/news-releases/autoliv-board-of-directors-approves-renewal-of-emtn-programme-301487745.html