Daimler revs up for refi as investment grade market in N Europe grows bullish
German carmaker Daimler launched senior syndication of a Eu7bn five year refinancing loan on Wednesday with an out-of-the-box margin of 55bp-60bp. "This will only go out to the company’s relationship banks," said one. "Daimler has already talked to most of its banks, so this will be a pretty easy deal to place."
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