Nissan's $1.3B bond priced - Source

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NEW YORK (Dow Jones)--Nissan Motor Co. (NSANY, 7201.TO) has priced its $1.3 billion bond, according to a person familiar with the matter.

The bond was increased to $1.3 billion from an original $1 billion.

The largest tranche valued at $419 million priced at 18 basis points over interpolated swaps, a benchmark, to yield 0.878%.

Other asset-backed bond pricing Wednesday include BMW AG's (BMW.XE) $1 billion security and AmeriCredit Auto Receivables Trust's $850 million bond.

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