Daimler plans 2.5-yr benchmark euro bond -leads

Newswire

LONDON, Nov 21 (Reuters) - U.S.-German carmaker DaimlerChrysler plans to sell a 2-1/2 year benchmark euro bond shortly, the banks managing the sale said on Monday. Lead managers Deutsche Bank, HSBC and LBBW said the bond would be sold via DaimlerChrysler North America Holding Corp., and guaranteed by parent company DaimlerChrysler AG. DaimlerChrysler holds a BBB rating from Standard & Poor's, a BBB+ rating from Fitch Ratings, and an A3 rating from Moody's Investors Service. S&P's ...

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