By Reshmi Basu
New York, Aug. 9 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 480 million of certificados bursatiles (/mxA1+/F1+(mex)) in two tranches on Wednesday.
The issuer sold Ps. 400 million of 28-day certificados bursatiles (/mxA1+/F1+(mex)) at 99.448556 to yield 7.13%. Bids ranged from 7.12% to 7.14%.
The second tranche included Ps. 80 million of 91-day certificados bursatiles, which priced at 98.177472 to yield 7.34%. Bids ranged from 7.27% to 7.40%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for both transactions.
The 28-day certificates are issue number 074 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 075.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
Issuer: | DaimlerChrysler Mexico Holding SA de CV
|
Issue: | Certificados bursatiles
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Auction date: | Aug. 9
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Settlement date: | Aug. 10
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Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
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Ratings: | Standard & Poor's: mxA-1+
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| Fitch: F1+(mex)
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|
28-day tranche
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Amount: | Ps. 400 million
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Maturity: | Sept. 7, 2006
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Issue price: | 99.448556
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Discount rate: | 7.09%
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Yield: | 7.13%
|
|
91-day tranche
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Amount: | Ps. 80 million
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Maturity: | Nov. 9, 2006
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Issue price: | 98.177472
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Discount rate: | 7.21%
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Yield: | 7.34%
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