Mercedes-Benz launches three-year Australian dollar EMTN

Mercedes-Benz Australia (Mercedes-Benz) (A/A2/A-) launched an indicative A$100 million (US$76.3 million) three-year EMTN deal, with price guidance of 60 basis points area over semi-quarterly swap, on 14 November. Lead managers ANZ and Commonwealth Bank of Australia expect to price the transaction during London time on the same day as launch.