Daimler floats first bond in China

|About: Daimler AG (DDAIF)|By:, SA News Editor

Daimler (DDAIF) issues its first corporate bond in China.

The automaker says it pleased to to have created the financing instrument to help it in its pursuit to grow sales in the region,

The 500M renminbi bond from Daimler has a one-year maturity date.