By Reshmi Basu
New York, Jan. 17 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 800 million of certificados bursatiles (/mxA1+/F1+(mex)) in three tranches on Wednesday.
The issuer sold Ps. 600 million of 28-day certificados bursatiles at 99.447778 to yield 7.14%. Bids ranged from 7.13% to 7.17%.
The second tranche is comprised of Ps. 150 million of 56-day certificados bursatiles, which priced at 98.878444 to yield 7.29%. Bids ranged from 7.28% to 7.31%.
And the issuer priced Ps. 50 million of 182-day certificados bursatiles at 96.253833 to yield 7.70%. Bids ranged from 7.68% to 7.78%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for all three transactions.
The 28-day certificates are issue number 126 in DaimlerChrysler's current certificados bursatiles program. The 56-day certificates are issue number 127, and the 182-day certificates are issue number 128.
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. 800 million
|
Auction date: | Jan. 17
|
Settlement date: | Jan. 18
|
Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
Ratings: | Standard & Poor's: mxA-1+
|
| Fitch: F1+(mex)
|
|
28-day tranche
|
Amount: | Ps. 600 million
|
Maturity: | Feb. 15, 2007
|
Issue price: | 99.447778
|
Discount rate: | 7.10%
|
Yield: | 7.14%
|
|
56-day tranche
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Amount: | Ps. 150 million
|
Maturity: | March 15, 2007
|
Issue price: | 98.878444
|
Discount rate: | 7.21%
|
Yield: | 7.29%
|
|
182-day tranche
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Amount: | Ps. 50 million
|
Maturity: | July 19, 2007
|
Issue price: | 96.253833
|
Discount rate: | 7.41%
|
Yield: | 7.70%
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