BMW to add $200 mln to Feb. 2011 bond - lead

Newswire

LONDON, Jan 30 (Reuters) - Germany's BMW Finance NV, guaranteed by BMW AG , plans to issue a $200 million increase of its 5-year, 5 percent $300 million bond due February 2011, an official at one of the banks managing the sale said on Monday. This will bring the total issue size to $500 million. Credit Suisse First Boston, Dresdner Kleinwort Wasserstein and Morgan Stanley are managing the sale. The issue is expected to be priced at 14 basis points over mid-swaps, the official said. ...

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