Autoliv has signed a new $1.1 billion multi-currency revolving credit facility agreement with a group of 14 banks. The facility has a five-year maturity, with extension options for up to two more years. The Swedish car safety company intends to use the proceeds for general corporate purposes, including the refinancing of its existing $1.1 billion syndicated facility maturing in November 2012. The active bookrunners, co-ordinators and mandated lead arrangers are Mizuho, Nordea and SEB.
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