NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN
OR SOUTH AFRICA
STOCKHOLM, Feb. 1, 2024
/PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE:
ALIV.sdb), today announced that it has priced a 5.5-year bond
offering of EUR 500 million in the
Eurobond market (the "Notes").
The Notes are due to be issued on February 7 and will carry a coupon of 3.625%. The
Notes are expected to be admitted to trading on the Global Exchange
Market (GEM) of the Irish Stock Exchange (Euronext Dublin) upon
issue. Standard & Poor's has assigned the Notes a rating of
BBB.
"We are pleased that our second green bond issuance was as
successful as our first issuance in March
2023. The coupon rate and the large interest from a broad
base of investors reflects the strong support for the success of
Autoliv's sustainability agenda. Issuing Green Bonds allows us to
address a broader group of investors and at the same time help
finance advancement on our climate targets aligning with the
broader society's sustainability agenda," said Fredrik Westin, Chief Financial Officer of
Autoliv.
Autoliv will issue the notes as green bonds and will allocate an
amount equal to the net proceeds from the offering of the notes to
new or existing projects that meet at least one of the Eligibility
Criteria under its Sustainable Financing Framework.
Inquiries
Treasury: Par-Ola Wirenlind, Tel +46 (0)70 303 32 78
Investors & Analysts: Anders
Trapp, Tel +46 (0)8 587 20 671
Investors & Analysts: Henrik
Kaar, Tel +46 (0)8 587 20 614
Media: Gabriella Etemad, Tel +46
(0)70 612 64 24
About Autoliv
Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the
worldwide leader in automotive safety systems. Through our group
companies, we develop, manufacture and market protective systems,
such as airbags, seatbelts, and steering wheels for all major
automotive manufacturers in the world as well as mobility safety
solutions, such as pedestrian protection, connected safety services
and safety solutions for riders of powered two wheelers. At
Autoliv, we challenge and re-define the standards of mobility
safety to sustainably deliver leading solutions. In 2023, our
products saved 35,000 lives and reduced more than 450,000
injuries.
Our 70,000 associates in 25 countries are passionate about
our vision of Saving More Lives and quality is at the heart of
everything we do. We drive innovation, research, and development at
our 14 technical centres, with their 20 test tracks. Sales in 2023
amounted to $10.5 billion. For more
information go to www.autoliv.com.
Important Information
This document is not an offer of securities for sale nor the
solicitation of an offer to purchase securities in the UK, the EU,
the United States, or any other
jurisdiction.
NOTHING IN THIS COMMUNICATION CONSTITUTES AN OFFER TO SELL, OR
THE SOLICITATION OF AN OFFER TO BUY, ANY SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION
WHERE IT IS UNLAWFUL TO DO SO. THE SECURITIES REFERRED TO IN THE
BASE LISTING PARTICULARS (THE "SECURITIES") HAVE NOT BEEN,
AND WILL NOT BE, REGISTERED UNDER THE
UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE
"SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY STATE OR
OTHER JURISDICTION OF THE UNITED
STATES, AND THE SECURITIES MAY NOT BE OFFERED OR SOLD,
DIRECTLY OR INDIRECTLY, WITHIN THE UNITED
STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS
(AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT) EXCEPT
PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE
STATE OR LOCAL SECURITIES LAWS.
This communication relates to issuance conducted on the basis
that (i) any offer of securities in any Member State of the
European Economic Area or in the UK was be made pursuant to an
exemption from the requirement to publish a prospectus under the
Prospectus Regulation, and the UK Prospectus Regulation
respectively, (ii) any such securities were not, and will not
be, made or made available to retail investors and, accordingly no
key information document has been or will be produced for the
purpose of the PRIIPs Regulation or the UK PRIIPs Regulation and
(iii) that any such securities made available in the United Kingdom will only be made available to
persons who (a) have professional experience in matters relating to
investments or (b) are persons falling within Article 49(2)(a) to
(d) of the UK Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005. . The expression Prospectus Regulation
refers to Regulation (EU) 2017/1129 as amended, the expression UK
Prospectus Regulation refers to the Prospectus Regulation as it as
it forms part of domestic law of the UK by virtue of the
European Union (Withdrawal) Act 2018 ("EUWA"), the expression
"PRIIPs Regulation" refers to Regulation (EU) No 1286/2014 as
amended and the expression "UK PRIIPs Regulation" refers to the
PRIIPs Regulation as it forms part of domestic law of the UK by
virtue of EUWA.
Safe Harbor Statement
This communication contains statements that are not
historical facts but rather forward-looking statements. Such
forward-looking statements include those that address activities,
events, or developments that Autoliv, Inc. or its management
believes or anticipates may occur in the future. All
forward-looking statements are based upon our current expectations,
various assumptions, and data available from third parties.
Our expectations and assumptions are expressed in good faith
and we believe there is a reasonable basis for them. However, there
can be no assurance that such forward-looking statements will
materialize or prove to be correct as forward-looking statements
are inherently subject to known and unknown risks, uncertainties
and other factors which may cause actual future results,
performance or achievements to differ materially from the future
results, performance or achievements expressed in or implied by
such forward-looking statements.
Numerous risks, uncertainties and other factors may cause
actual results to differ materially from those set out in the
forward-looking statements and we assume no obligation to update
publicly or revise any such statements in light of new information
or future events, except as required by law.
The following files are available for download:
https://mb.cision.com/Main/751/3920877/2577682.pdf
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Press release
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SOURCE Autoliv
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