DaimlerChrysler to sell $1.5 bln 10-yr notes Thurs


NEW YORK, Oct 29 (Reuters) - Giant German auto maker DaimlerChrysler AG is planning to sell $1.5 billion in 10-year global notes on Thursday, said joint lead manager Banc of America Securities on Wednesday. Last week S&P cut the company's corporate credit rating to "BBB," its second-lowest investment grade, citing concerns about the Chrysler Group's prospects amid intensifying competition in the North American auto market. Moody's rates DaimlerChrysler's outstanding debt "A3," its ...

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