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BMW plans to sell 3-year sterling bond -source

LONDON, June 20 (Reuters) - BMW , the world's largest premium carmaker, plans to sell a 3-year 200 million sterling bond, a source familiar with the deal said on Wednesday.

BMW has set guidance at gilts plus 50 to 52 basis points, the source said.

BMW is rated A+ by Standard and Poor's and A1 by Moody's Investors Service.