TEXT-S&P raises Autoliv to 'BBB/A-2' on resilience

Newswire

(The following statement was released by the rating agency) Nov 27 - Standard & Poor's Ratings Services said today that it raised its long- and short-term corporate credit ratings on Autoliv Inc., the parent company of Sweden-based auto supplier Autoliv group, to 'BBB/A-2' from 'BBB-/A-3'. At the same time, the Nordic scale rating was raised to 'K-2' from 'K-3'. The outlook is stable. In addition, we raised the senior unsecured debt ratings on the company's $1.1 billion revolving ...

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