Veoneer Announces Offering of Common Stock and Convertible Senior Notes
Stockholm, Sweden, May 20, 2019: Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), a pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), announced today that it intends to commence concurrent offerings of $350 million of shares of common stock and $150 million aggregate principal amount of convertible senior notes due 2024. Neither offering is contingent on the completion of the other offering. No public offer is made in Sweden or elsewhere in the European Economic Area and any offer made will be exclusively to qualified investors.Veoneer also