LONDON, Feb 26 (Reuters) - DaimlerChrysler NA Holdings plans to launch a two-year euro-denominated floating-rate note (FRN) in the near future, lead managers for the deal said on Wednesday.
Commerzbank Securities, HSBC and SG Investment Banking have been mandated to lead manage the transaction, which will be guaranteed by German-American carmaker DaimlerChrysler AG .
The issue will be launched from under DaimlerChrysler's Euro medium-term note programme, the banks said.
Last month DaimlerChrysler NA Holdings launched a $2.0 billion 4.75 percent global bond due January 2008.
DaimlerChrysler AG is rated A3 with a negative outlook by Moody's Investors Service and BBB+ with a stable outlook by Standard & Poor's credit ratings agency.