DBRS Assigns A (low) Rating to Daimler New Issues
DBRS has today assigned a rating of A (low) to both the senior unsecured 4.125% seven-year fixed rate notes due January 18, 2017, and the 3% senior unsecured three-and-a-half-year notes due July 19, 2013, to be issued by Daimler AG (Daimler) on January 19, 2010.
Both issues are of a principal amount of EUR 1 billion and rank pari passu with all other senior unsecured obligations of Daimler.
Notes:
The applicable methodology is Rating Automotive, which can be found on our website under Methodologies.
This is a Corporate (Autos & Auto Parts) rating.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.