Bloomberg News

Daimler Said to Sell Euro-Denominated Bonds Due May 2017

February 27, 2012

Daimler AG (DAI) plans to sell senior unsecured bonds in euros due May 2017, according to a banker with knowledge of the transaction.

The notes may be priced to yield 60 to 65 basis points more than the benchmark mid-swap rate, the banker said. BNP Paribas SA, Commerzbank AG and UniCredit SpA (UCG) are managing the sale.

To contact the reporter on this story: Hannah Benjamin in London at hbenjamin1@bloomberg.net

To contact the editor responsible for this story: Andrew Reierson at areierson1@bloomberg.net


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