Daimler Said to Sell Euro-Denominated Bonds Due May 2017

Daimler AG 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 are managing the sale.