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Published on 1/17/2007 in the Prospect News Emerging Markets Daily.

New Issue: DaimlerChrysler Mexico sells Ps. 800 million certificados bursatiles in three tranches

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
Amount:Ps. 150 million
Maturity:March 15, 2007
Issue price:98.878444
Discount rate:7.21%
Yield:7.29%
182-day tranche
Amount:Ps. 50 million
Maturity:July 19, 2007
Issue price:96.253833
Discount rate:7.41%
Yield:7.70%

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