European Investment Bank Supports Safer Cars – Signs €225 Million Loans for Autoliv’s R&D in Automotive Safety
STOCKHOLM–(BUSINESS WIRE)–Regulatory News: European Investment Bank (EIB) and Autoliv AB – the Swedish subsidiary of Autoliv Inc. (NYSE:ALV) (STO:ALIVSDB) – have signed a financing commitment agreement giving Autoliv access to a loan of €225 million (U.S. $325 million) on favorable terms. The funds will help finance total research and development projects for €0.5 billion (nearly U.S. $0.75 billion) over the next three years at Autoliv’s R&D facilities in Germany, F
