Daimler Said to Sell Euro-Denominated Bonds Due May 2017

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.