Autoliv, Inc.'s Audit and Risk Committee of the Board of Directors approved the renewal of its EUR 3,000,000,000 guaranteed euro medium term note (EMTN) programme for another year. The program was originally established on April 11, 2019.
This renewal allows Autoliv to continue leveraging capital markets and institutional investors for funding opportunities through the future issuance of notes. The notes issued under the EMTN Programme will be unconditionally and irrevocably guaranteed by Autoliv ASP, Inc., a subsidiary of the company.
The continued availability of this financing mechanism is important for Autoliv's financial flexibility, enabling it to manage its debt structure and fund strategic initiatives. The base listing particulars for the renewed program have been approved by Euronext Dublin.
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