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Benzinga
Benzinga
Business
Shivani Kumaresan

Autoliv Refinances Existing Revolving Credit Facility

ALV NYSE
  • Autoliv Inc (NYSE:ALV) has refinanced its existing $1.1 billion revolving credit facility agreement maturing in July 2023.
  • The new $1.1 billion facility agreement has a five-year maturity, with two extension options for one year each.
  • The Northern Trust Company is the lead arranger for the credit facility.
  • The financial commitment does not contain any financial covenants.
  • Price Action: ALV shares are trading lower by 0.08% at $76.38 on Monday's last check.
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