By Reshmi Basu
New York, Jan. 24 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 632 million of certificados bursatiles (/mxA1+/F1+(mex)) in two tranches on Wednesday.
The issuer sold Ps. 500 million of 28-day certificados bursatiles at 99.446222 to yield 7.16%. Bids ranged from 7.14% to 7.18%.
The second tranche is comprised of Ps. 132 million of 91-day certificados bursatiles, which priced at 98.162306 to yield 7.41%. Bids ranged from 7.24% to 7.52%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for both transactions.
The 28-day certificates are issue number 129 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 130.
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. 632 million
|
| Auction date: | Jan. 24
|
| Settlement date: | Jan. 25
|
| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
| Ratings: | Standard & Poor's: mxA-1+
|
| Fitch: F1+(mex)
|
|
|
| 28-day tranche
|
| Amount: | Ps. 500 million
|
| Maturity: | Feb. 25, 2007
|
| Issue price: | 99.446222
|
| Discount rate: | 7.12%
|
| Yield: | 7.16%
|
|
|
| 91-day tranche
|
| Amount: | Ps. 132 million
|
| Maturity: | April 26, 2007
|
| Issue price: | 98.162306
|
| Discount rate: | 7.27%
|
| Yield: | 7.41%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
