TEXT-S&P corrects Autoliv Nordic scale rating to 'K-1'

Newswire

(The following statement was released by the rating agency) Oct 29 - Standard & Poor's Ratings Services today corrected an error relating to the Nordic national scale rating on Autoliv Inc. (Autoliv; BBB+/Stable/A-2), the parent company of Sweden-based auto supplier Autoliv Group. When we raised the long-term corporate credit rating on Autoliv to 'BBB+' from 'BBB' on July 27, 2010, the national scale rating on Autoliv was incorrectly maintained in our database as 'K-2', rather than ...

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