German automaker Daimler AG (DAI.XE) has set price guidance on its benchmark-size, euro-denominated, seven-year bond, one of the banks running the deal said Tuesday.

Initial guidance is 65-70 basis points over midswaps.

BBVA, Bayern LB and Deutsche Bank AG are the lead managers of the sale.

The issuer is rated A3 by Moody's Investors Service Inc. and A- by Standard & Poor's Corp. and Fitch Ratings.

-By Ben Edwards, Dow Jones Newswires; 44-20-7842-9287; ben.edwards@dowjones.com

Bbva Banco Frances (NYSE:BFR)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Bbva Banco Frances Charts.
Bbva Banco Frances (NYSE:BFR)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Bbva Banco Frances Charts.