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Autoliv prices EUR 500 million green bond issue
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.
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
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 " ") HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE " "), 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.
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