LONDON, March 27 (Reuters) - A finance unit of German automaker Bayerische Motoren Werke AG (BMW) plans to increase its existing 1.0 billion euro 4.25 percent bond due 2014 , the banks managing the sale said on Tuesday. Citigroup, Commerzbank, Merrill Lynch and UBS are joint bookrunners for the add-on via BMW Finance NV. They said the deal would be launched in the near future. BMW is rated A1 by Moody's Investors Service and A+ by Standard & Poor's.
Premium Content (PAID Subscription Required)
"BMW plans to increase 2014 euro bond -leads" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642