Abu Dhabi's Aabar Investments plans to issue a 750 million euro ($1.06 billion) bond exchangeable into Daimler shares , of which the sovereign fund owns 9 percent, a document showed on Tuesday.
The five-year bond will carry a coupon indicated at 3.5-4.0 percent. Bank of America Merrill Lynch , Deutsche Bank and Morgan Stanley are banks mandated on the sale, a source familiar with the matter said.
The bonds will be listed in Frankfurt.
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