Mercedes-Benz launches three-year Australian dollar EMTN transaction

On 13 March, Mercedes-Benz Australia Pacific (Mercedes-Benz) (A/A2/A-) launched a new, indicative A$100 million (US$70.5 million) three-year EMTN transaction. The forthcoming deal is being marketed at 90 basis points area over semi-quarterly swap and is expected to price on the day of launch during London hours.