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Newswire

DaimlerChrysler euro bond to be priced at swaps +67 bps

LONDON, Jan 14 (Reuters) - DaimlerChrysler North American Holdings Corp. will price its one billion euro five-year bond later Wednesday at a spread of 67 basis points over swaps, wider than originally expected, said a lead manager on the deal.

The bond will guaranteed by automaker DaimlerChrysler AG .

Price guidance for the bond issue was at 60 to 65 basis points over swaps late on Monday, and was revised to 65 basis points on Tuesday.

Bayerische Landesbank, CAI-CL and HSBC are managing the bond sale.