Daimler unit gives guidance on euro bond -source


LONDON, Feb 28 (Reuters) - DaimlerChrysler NA Holding Corp's new 3-year euro-denominated benchmark bond is expected to offer a yield in the low 30s basis points over mid-swaps, a syndicate source said on Monday.

The North American unit of German car maker DaimlerChrysler plans to launch the bond off its Euro Medium Term Note programme in the near future, the banks managing the sale said earlier.

Bayerische Landesbank, Calyon and HSBC are managing the issue.

DaimlerChrysler NA Holding Corp, guaranteed by DaimlerChrysler AG, is rated A3 by Moody's Investors Service, BBB by Standard & Poor's and BBB+ by Fitch Ratings.



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