DBRS Assigns A (low) Rating to New Daimler Canada Finance Issues

DBRS has today assigned a rating of A (low) to both the senior unsecured three-year fixed-rate notes (the 3 Year Notes) and the senior unsecured 18-month floating-rate notes (the 1.5 Year Notes) issued by Daimler Canada Finance Inc. (DCFI).

The 3 Year Notes are of a principal amount of $500 million and mature April 14, 2014. The 1.5 Year Notes are of a principal amount of $250 million and mature on October 15, 2012.

Both issues are unconditionally guaranteed by Daimler AG (Daimler) and rank pari passu with all other unsecured and unsubordinated obligations of Daimler.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating Companies in the Automotive Industry, which can be found on our website under Methodologies.