DaimlerChrysler plans 3-yr FRN at 3ME +50bps area


LONDON, June 22 (Reuters) - German-American automaker DaimlerChrysler 's planned 750 million euro three-year floating-rate note will priced in the area of 50 basis points over three-month Euribor, a source close to the deal said on Tuesday. Barclays Capital, Citigroup and Dresdner Kleinwort Wasserstein are managing the transaction, which will be launched in the near future. DaimlerChrysler North America Holding Corp will issue the bond, with a guarantee from DaimlerChrysler AG. ...

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