Moody's rates Daimler notes A3

Moody's Investors Service said it assigned A3 long-term ratings to Daimler Finance North America LLC's $1.75 billion worth of notes that are unconditionally and irrevocably guaranteed by Daimler AG.

The notes are issued in three tranches of $600 million due April 10, 2014, $650 million due April 10, 2015 and $500 million due April 10, 2017.

Moody's said the A3 long-term ratings of the notes are in line with the senior unsecured issuer rating of Daimler AG (rated A3/positive outlook) due to an unconditional and irrevocable guarantee provided by Daimler AG.

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