Daimler takes a cool €1bn with judicious NIP on 5 year
Anglo American and Total were not the only prestigious issuers in the European corporate bond market on Tuesday — Daimler also raised €1bn with a strongly sold five year issue.
The German carmaker rated A3/A-/A- is a more frequent issuer in euros than either of the others, but its strong ratings and brand name keep it well beloved of European investors.
This deal, as usual for Daimler, had a €1,000 denomination, enabling it to be bought by retail
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