BMW Capital LLC

16 Jan 2009

Guarantor: BMW AG

Rating: A2/A

Amount: Eu1.5bn

Maturity: 23 July 2012

Issue/re-offer price: 99.796

Coupon: 6.375%

Spread at re-offer: 370bp over mid-swaps

Launched: Monday 12 January

Payment date: 23 January

Joint books: BNP Paribas, Commerzbank, Credit Suisse, Morgan Stanley

Bookrunners’ comment:

The Volkswagen and Daimler deals last week had gone very well. We looked at a number of reference ...

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