Autoliv (ALV) has issued an announcement.
Autoliv, Inc. has announced the renewal of its Euro Medium Term Note Programme for another year, allowing the company to issue notes up to EUR 3 billion in various currencies, with Autoliv ASP, Inc. acting as the guarantor. These notes will be exclusively offered outside the U.S. to non-U.S. persons, in compliance with specific regulations, and are exempt from registration under U.S. securities laws. This move is strategic for Autoliv’s financial flexibility but is not to be seen as an offer to buy or sell securities.
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