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Daimler sets guidance on benchmark euro bond -lead

Wed May 14, 2008 6:35am EDT

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LONDON, May 14 (Reuters) - Automaker Daimler (DAIGn.DE) has set guidance on a planned four-year fixed-rate euro benchmark bond, an official at one of the banks managing the sale said on Wednesday.

Guidance has been set at mid-swaps plus 67 to 70 basis points, the official said.

BNP Paribas, HSBC and UniCredit are joint lead managers on the bond sale.

Daimler AG is rated A- by both Standard & Poor's and Fitch Ratings and A3 by Moody's Investors Service.

(Reporting by Natalie Harrison)



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