Daimler AG: Rating Report

Ratings

• Daimler North America Corporation

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  14-Nov-16	Commercial Paper	Discontinued	--	Disc.-W/drwn	CA
  14-Nov-16	Senior Debt	Discontinued	--	Disc.-W/drwn	CA

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• Mercedes-Benz Finance Canada Inc.

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  14-Nov-16	Medium-Term Notes	A (low)	Stb	Confirmed	CA U E
  14-Nov-16	Commercial Paper	R-1 (low)	Stb	Confirmed	CA U E

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• Mercedes-Benz Finance North America LLC

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  14-Nov-16	Senior Debt	A (low)	Stb	New Rating	CA U E
  14-Nov-16	Commercial Paper	R-1 (low)	Stb	New Rating	CA U E

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• Mercedes-Benz Group AG

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  14-Nov-16	Issuer Rating	A (low)	Stb	Confirmed	CA U E
  14-Nov-16	Senior Debt	A (low)	Stb	Confirmed	CA U E

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