Daimler's Thai unit prices 2.5 bln baht bond

Newswire

BANGKOK, March 26 (Reuters) - The Thai unit of German auto maker DaimlerChrysler AG has priced a 2.5 billion baht ($71.4 million) issue of 2-year bonds at 4.51 percent, the issue's underwriter said on Monday. The coupon of the secured bond by DaimlerChrysler (Thailand) was set in the middle of its coupon range of 4.42-4.57 percent, Pornchai Padmindra, head of debt capital markets at Citicorp Securities, told Reuters. "Although yields in the market are quite volatile today, we still ...

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