August 27, 2013 / 3:07 PM / 4 years ago

New Issue-BMW Finance prices dual tranche deal

Aug 27 (Reuters) -Following are terms and conditions

of a dual tranche deal priced on Tuesday.

Borrower BMW Finance N.V

Guarantor BMW AG

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Tranche 1

Issue Amount 750 million euro

Maturity Date September 04, 2020

Coupon 2.0 pct

Issue price 99.465

Yield 2.083 pct

Spread 35 basis points

Underlying govt bond Over Mid-swaps, equivalent to 81.5bp

over the 2.25 pct September 2020 DBR

ISIN XS0968316256

* * * *

Tranche 2

Issue Amount 500 million euro

Maturity Date September 05, 2016

Coupon 3-month Euribor + 22bp

Issue price Par

Discount Margin 3-month Euribor + 22bp

ISIN XS0968315019

* * * *

Common Temrs

Payment Date September 04, 2013

Lead Manager(s) Credit Agricol CIB, ING, MIZUHO & Unicredit

Listing Lux

Full fees Undisclosed

Denoms (K) 1

Governing Law German

Security details and RIC, when available, will be

on

Customers can right-click on the code for

performance analysis of this new issue

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Data supplied by International Insider.

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