DaimlerChrysler rides corporate bond wave

DaimlerChrysler is capitalising on the swell of demand for corporate debt in the wake of France Telecom's record-breaker on Wednesday.

As reported in Financial News at the beginning of the week, DaimlerChrysler targeted a deal size of between €5bn-€7bn ($4.7bn-$6.5bn) and on Thursday it raised €6.5bn in the European market.

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