RLPC-Daimler's 3 bln euro loan oversubcribed-bankers

Newswire

By Zaida Espana LONDON, Sept 30 (Reuters) - German carmaker Daimler AG is set to sign a 3 billion euro ($4.37 billion) syndicated loan which raised a heavy oversubscription in the market, two bankers said on Wednesday. Daimler is unlikely to increase the size of the loan despite banks' enthusiasm, and the commitments of participating banks will be scaled back, one of the bankers said. The oversubscription is a further sign of improving liquidity in the European syndicated loan market ...

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