BMW Finance to add $150 mln to 2011 bond -lead

Newswire

LONDON, Sept 26 (Reuters) - BMW Finance NV, a unit of German premium carmaker BMW , plans to sell a $150 million increase to its 5 percent dollar bonds due Feb. 2011 later on Tuesday, an official at one of the lead managers said. The deal will be priced to yield about 13 basis points over mid-swaps and will take the bond's total size to $650 million, the official said. Credit Suisse, Dresdner Kleinwort and Morgan Stanley are managing the deal. BMW Finance holds an A+ credit rating from ...

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