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Daimler issues RMB 500 million of one-year corporate bonds in China
By Susanna Moon
Chicago, March 14 - Daimler AG said it issued RMB 500 million of one-year corporate bonds in China Friday.
The bond met with strong demand and was broadly placed in the Chinese capital market.
"We are pioneers with this bond issue, and at the same time are helping to open up the Chinese capital market for international issuers," Bodo Uebber, member of the board of management of Daimler AG for finance and controlling and Daimler Financial Services, said in a company press release.
The automaker is based in Stuttgart, Germany.
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