DaimlerChrysler to Issue Global Bonds
5 January 2000
DaimlerChrysler to Issue Global BondsSTUTTGART, Germany and AUBURN HILLS, Mich., Jan. 5 -- DaimlerChrysler is planning to launch an expected $2.5 billion global bond in the near future, subject to market conditions. The issuing entity will be DaimlerChrysler North America Holding Corporation, Auburn Hills, MI. The issue will carry an irrevocable and unconditional guarantee by DaimlerChrysler AG. DaimlerChrysler has selected Deutsche Bank and Goldman Sachs to lead manage the financing which is expected to have a short- to medium-term maturity and be offered in one or more tranches.