By Reshmi Basu
New York, Jan. 10 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 643 million of certificados bursatiles (/mxA1+/F1+(mex)) in three tranches on Wednesday.
The issuer sold Ps. 350 million of 28-day certificados bursatiles at 99.447778 to yield 7.14%. Bids ranged from 7.13% to 7.16%.
The second tranche is comprised of Ps. 250 million of 42-day certificados bursatiles, which priced at 99.161167 to yield 7.25%. Bids ranged from 7.24% to 7.25%.
And the issuer priced Ps. 43 million of 91-day certificados bursatiles at 98.154722 to yield 7.44%. Bids ranged from 7.40% to 7.50%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for all three transactions.
The 28-day certificates are issue number 123 in DaimlerChrysler's current certificados bursatiles program. The 42-day certificates are issue number 124, and the 91-day certificates are issue number 125.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
| Issuer: | DaimlerChrysler Mexico Holding SA de CV
|
| Issue: | Certificados bursatiles
|
| Total amount: | Ps. 643 million
|
| Auction date: | Jan. 10
|
| Settlement date: | Jan. 11
|
| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
| Ratings: | Standard & Poor's: mxA-1+
|
| Fitch: F1+(mex)
|
|
|
| 28-day tranche
|
| Amount: | Ps. 350 million
|
| Maturity: | Feb. 9, 2007
|
| Issue price: | 99.447778
|
| Discount rate: | 7.10%
|
| Yield: | 7.14%
|
|
|
| 42-day tranche
|
| Amount: | Ps. 250 million
|
| Maturity: | Feb. 22, 2007
|
| Issue price: | 99.161167
|
| Discount rate: | 7.19%
|
| Yield: | 7.25%
|
|
|
| 91-day tranche
|
| Amount: | Ps. 43 million
|
| Maturity: | April 12, 2007
|
| Issue price: | 98.154722
|
| Discount rate: | 7.30%
|
| Yield: | 7.44%
|
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