New Issue-BMW US Capital sells $400 mln floaters

Newswire

WHITE PLAINS, N.Y., March 21 (Reuters) - BMW US Capital, LLC sold $400 million of extendable floating rate notes in the 144a private placement market, said market sources on Monday.

The size of the deal was increased from an originally planned $300 million.

J.P. Morgan was the sole lead manager for the sale, the sources said. BORROWER:

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