Newswire

DaimlerChrysler FRN due Wednesdat at Euribor +65bps

LONDON, July 30 (Reuters) - DaimlerChrysler North America plans to price a 750 million euro two-year floating-rate note on Wednesday morning, a banking source close to the deal said.

The note will price to yield 65 basis points over three-month Euribor, the source said.

"Allocations are out to the sales force and we plan to price the deal mid-morning," the banker said.

BNP Paribas, JP Morgan and LBBW are managing the bond sale.