TEXT-S&P raises Autoliv Inc. L-T rating to 'BBB+';outlook stable

Newswire

(The following statement was released by the ratings agency) July 27 -- Autoliv's credit quality has improved following an increase in light-vehicle production globally, an improvement in the company's product mix, and benefits from cost cuts. -- We believe the company will be able to maintain its operating margins in line with its historical average, or at a higher level, over the next few years. -- We are raising our long-term corporate credit rating on Autoliv to 'BBB+' from ...

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