UPDATE 1-DaimlerChrysler unit sells bonds as rates tumble


By Dena Aubin NEW YORK, May 28 (Reuters) - Automaker DaimlerChrysler on Wednesday raised $2.5 billion from a sale of five-year global notes, capping what is on pace to be the busiest month of corporate bond issuance in the U.S. markets this year. The lowest interest rates in at least a generation have unleashed a flood of bond sales as companies refinance higher-coupon debt or lock in low rates for future needs. DaimlerChrysler's sale brings expected total investment-grade issuance ...

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