UPDATE 2-New Issue-DaimlerChrysler prices $1 bln ABS

Newswire

(Updates with final pricing) NEW YORK, Aug 24 (Reuters) - DaimlerChrysler AG on Tuesday priced $1 billion in asset-backed securities supported by loans made to car dealers to finance their inventories, a source close to the deal said. Morgan Stanley arranged the sale of the single-class, three-year floating rate notes for the U.S.-German carmaker, the source said. The following are terms and conditions of "Daimler Chrysler Master Owner Trust 2004-B": ***** Issue Amount $1 billion ...

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