DaimlerChrysler prices $2 billion of 10-year notes

Newswire

NEW YORK, Oct 30 (Reuters) - DaimlerChrysler AG priced $2 billion of 10-year notes on Thursday through joint bookrunners Banc of America Securities, Citigroup Global Markets, Deutsche Bank Securities and J.P. Morgan. The issue was priced to yield 6.504 percent, or 215 basis points over Treasuries, and was rated 'A3' by Moody's Investors Service, 'BBB' by Standard & Poor's and 'BBB-plus' by Fitch Ratings. The issue was increased from an original amount of $1.5 billion.

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