Skip navigation
Newswire

New Issue- Daimler AG prices dual tranche deal

Feb 28(Reuters) -Following are terms and conditions

of a dual tranche deal priced on Thursday.

Borrower Daimler AG

* * * *

Tranche 1

Issue Amount 1.0 billion euro

Maturity Date July 8, 2016

Coupon 1.0 pct

Reoffer price 99.982

Reoffer yield 1.006 pct

Spread 37 basis points

Underlying govt bond Over Mid-swaps, 90.7bp

over the 2.0 pct February 2016 OBL 159

ISIN DE000A1R0683

* * * *

Tranche 2

Issue Amount 500 million euro

Maturity Date March 8, 2023

Coupon 2.375 pct

Reoffer price 99.202

Reoffer yield 2.466 pct

Spread 72 basis points

Underlying govt bond Over Mid-swaps, 102.4bp

over the 1.5 pct February 2023 DBR

ISIN DE000A1R0691

* * * *

Common terms

Payment Date March 8, 2013

Lead Manager(s) BNP paribas, HSBC, LBBW, SMBC Nikko & Unicredit

Ratings A3 (Moody's), A- (S&P),

A- (Fitch)

Listing Lux

Full fees Undisclosed

Denoms (K) 1

Governing Law German

Notes Launched under issuer's EMTN programme

Security details and RIC, when available, will be

on

Customers can right-click on the code for

performance analysis of this new issue

For ratings information, double click on

For all bonds data, double click on

For Top international bonds news

For news about this issuer, double click on the issuer RIC,

where assigned, and hit the newskey (F9 on Reuters terminals)

Data supplied by International Insider.