DaimlerChrysler tightens terms on bond -banker


LONDON, Aug 29 (Reuters) - U.S.-German automaker DaimlerChrysler has tightened the spread guidance on its 3-year, 1.5 billion euro ($1.92 billion) bond, a banker familiar with the deal said on Tuesday. The bond will be priced to yield 37 basis points over mid-swaps, tighter than earlier guidance of around 40 basis points over mid-swaps, he said. A tightening of spread guidance is usually a sign of strong demand. BayernLB, Commerzbank and SG CIB are managing the sale. DaimlerChrysler ...

Premium Content (PAID Subscription Required)

"DaimlerChrysler tightens terms on bond -banker" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×