UPDATE 1-Aabar eyes 750 mln euro Daimler exchangeable bond

Newswire

* Coupon range seen at 3.5-4.0 percent - document * Aabar is cornerstone investor in Glencore IPO (Adds detail) DUBAI, May 24 (Reuters) - Abu Dhabi's Aabar Investments plans to issue a 750 million euro ($1.06 billion) bond exchangeable into Daimler shares , of which the sovereign fund owns 9 percent, a document showed on Tuesday. The five-year bond will carry a coupon indicated at 3.5-4.0 percent. Bank of America Merrill Lynch , Deutsche Bank and Morgan Stanley are banks mandated on ...

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