DaimlerChrysler Mexico plans to sell Ps. 621 million certificados bursatiles in three tranches

By Reshmi Basu

New York, Oct. 4 - DaimlerChrysler Mexico Holding SA de CV said it plans to sell a total of Ps. 621 million of certificados bursatiles in three tranches on Wednesday.

The issuer plans to sell Ps. 450 million of 28-day certificados bursatiles (/mxA 1+/F1+(mex)). The maturity date is Nov. 3, 2005.

The second tranche is made up of Ps. 140 million of 98-day certficados bursatiles (/mxA-1+/F1+(mex)). The maturity date is Jan. 12, 2006.

The third tranche includes Ps. 31 million of 357-day certificados bursatiles (/mxA-1+/F1+(mex)). The maturity date is Sept. 28, 2006.

Scotia Inverlat Casa de Bolsa SA de CV is the auction agent for all three transactions.

The settlement date is Thursday. The 28-day certificates are issue number 83-2005 in DaimlerChryler's certificados bursatiles program, the 98-day certificates are issue 84-2005 and the 357-day certificates are issue 85-2005.

DaimlerChrysler Mexico is a Mexico City-based financial arm of Stuttgart, Germany, auto maker DaimlerChrysler.

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