Daimler clocks up another €500m with three year floater
Daimler returned to the bond market again today for its fourth issue of the year, in Dealogic’s count, this time a €500m three year floater led by Société Générale.
The deal was announced as a benchmark with a 28bp over three month Euribor coupon. Yield guidance was the low 30s over Euribor and the bond was priced at 99.94 to yield 30bp over, at at size of €500m.
“It was nice, a well done thing,” said a
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