DaimlerChrysler unit offers 1.0 bln euro 2005 FRN

Newswire

LONDON, Feb 27 (Reuters) - DaimlerChrysler North American Holding Corp, a unit of German automaker DaimlerChrysler , offered a one billion euro two-year floating-rate note for sale on Thursday, lead managers said. The deal matures on March 10, 2005 and pays a coupon of 85 basis points over three-month Libor. The bond was priced at par. Commerzbank, HSBC and SG Investment Banking were joint lead managers.

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