DaimlerChrysler names banks for euro FRN

Newswire

LONDON, July 29 (Reuters) - DaimlerChrysler North America has mandated BNP Paribas, J.P. Morgan and LBBW to lead manage its forthcoming euro-denominated floating-rate note, the banks said on Tuesday. The two-year transaction will be launched in the near future subject to market conditions. DaimlerChrysler is rated A3 by Moody's Investors Service and BBB+ by Standard & Poor's.

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