trending Market Intelligence /marketintelligence/en/news-insights/trending/nud1-bquminai6fnn0jj0g2 content esgSubNav
In This List

Autoliv prices €500M bond offering

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Bed, Bath, and Bankruptcy: Using Quantitative Credit Models to Predict Corporate Defaults

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback

Infographic

Infographic: The Big Picture 2023 Sustainability Outlook


Autoliv prices €500M bond offering

Swedish vehicle safety parts supplier Autoliv Inc. priced its five-year bond offering of €500 million in the Eurobond market.

The notes, which will carry a coupon of 0.75%, are expected to be issued June 26 and will be admitted to trading on the Irish Stock Exchange's Global Exchange Market afterward, the company said June 18.

Autoliv will use net proceeds from the offering for general corporate purposes, including allotting some of the money for the $1 billion cash liquidity that it will provide to Veoneer Inc. before the unit's spinoff.

Veoneer's spin-off is expected to be completed June 29 and it will begin trading July 2.