Exhibit 99.1
![LOGO](https://capedge.com/proxy/8-K/0001193125-19-103609/g731607g0410222321591.jpg)
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.
COMPANY ANNOUNCEMENT
Autoliv Establishes a Guaranteed Euro Medium Term Note Programme
(Stockholm, April 11, 2019)–Autoliv, Inc. (“Autoliv”, NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces that it has today established a EUR 3,000,000,000 guaranteed medium term note programme (the “EMTN Programme”). Under the EMTN Programme, Autoliv may issue, from time to time, notes guaranteed by Autoliv ASP, Inc. (the “Guarantor”) in the equivalent amount of up to EUR 3,000,000,000 in various currencies.
The EMTN Programme constitutes a standardized master agreement for the issuance of bonds, including private placement and public benchmark bonds. Although Autoliv does not foresee significant near term funding requirements, the EMTN Programme provides Autoliv with a flexible and cost efficient platform for any potential future debt issuances.
Autoliv, the Guarantor and the EMTN Programme have been assigned a rating ofA- by S&P Global Ratings Europe Limited.
Autoliv has prepared a base listing particulars (the “Base Listing Particulars”), which has been approved by The Irish Stock Exchange plc trading as Euronext Dublin (“Euronext Dublin”) today. The Base Listing Particulars will be available on the website of Euronext Dublin (http://www.ise.ie).
Inquiries:
Corporate Communications: Stina Thorman, Tel +46 (0)8 587 206 50
Investors & Analysts: Anders Trapp, Investor Relations, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik Kaar, Investor Relations, Tel +46 (0)8 587 206 14
Important Information
NOTHING IN THIS COMMUNICATION CONSTITUTES AN OFFER OF SECURITIES FOR SALE 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 JURISDICTIONOF 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.