DaimlerChrysler sells 1 bln euro bond - leads

Newswire

LONDON, Oct 27 (Reuters) - U.S.-German automaker DaimlerChrysler sold a 5-year, 1 billion euro ($1.21 billion) bond on Thursday, the banks managing the deal said. The bond, due Nov. 10, 2010, pays a coupon of 3.625 percent and was sold at 99.955 percent of face value, to yield 57 basis points over mid-swaps, lead managers BNP Paribas, Commerzbank and Royal Bank of Scotland said. Daimler increased the bond's size from an initial 750 million euros, and tightened the deal's spread -- both ...

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