DaimlerChrysler unit plans 300 mln euro 2008 bond

Newswire

LONDON, May 21 (Reuters) - DaimlerChrysler Canada Finance Inc plans to launch a 300 million euro bond due 2008 in the near future, lead managers Bayerische Landesbank and Credit Agricole Indosuez said on Wednesday. The transaction will be launched off the issuer's Euro medium term note programme and guaranteed by DaimlerChrysler AG . DaimlerChrysler Canada Finance is rated A3 by Moody's Investors Service and BBB+ by Standard and Poor's.

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