Daimler sells 2-1/2 yr, 850 mln euro bond -leads

Newswire

LONDON, Nov 22 (Reuters) - U.S.-German carmaker DaimlerChrysler sold a 2-1/2 year, 850 million euro ($994.7 million) bond on Tuesday, the banks managing the deal said. The bond pays a coupon of 3.375 percent and was sold at 99.927 percent of face value to yield 38 basis points over mid-swaps, Deutsche Bank, HSBC and LBBW said, in line with earlier price guidance. DaimlerChrysler holds a BBB rating from Standard & Poor's, a BBB+ rating from Fitch Ratings, and an A3 rating from Moody's ...

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