LONDON, March 1 (Reuters) - MTU, the aero engines business sold by DaimlerChrysler last year, will issue a 240 million euro bond later in March, a banker said on Monday.
Proceeds from the deal, which is likely to have a 10-year maturity, will be used to provide funding for the leveraged buyout of the company by U.S. private equity firm Kohlberg Kravis Roberts & Co.
J.P. Morgan and CSFB are leading the bond deal, the banker said.
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