DBRS Assigns A (low) Rating to New Daimler Issue
DBRS has today assigned a rating of A (low) to the senior unsecured five-year fixed-rate notes (the Notes) that are to be issued by Daimler AG (Daimler) on September 2, 2009.
The Notes are of a principal amount of EUR 2 billion, have a coupon of 4 5/8% and mature on September 2, 2014.
The Notes rank pari passu with all other senior unsecured obligations of the Company.
Notes:
The applicable methodology is Rating Automotive, which can be found on our web site under Methodologies.
This is a Corporate rating.
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