By Reshmi Basu
New York, Oct. 12 - DaimlerChrysler Mexico Holding SA de CV said it sold a total of Ps. 530 million of certificados bursatiles (/mxA 1+/F1+(mex)) in two tranches on Wednesday.
The issuer priced Ps. 450 million of 28-day certificados bursatiles to yield 9.21%.
Bids ranged from 9.20% to 9 .25%.
The second tranche was made up of Ps. 80 million of 91-day certficados bursatiles, which priced to yield 9.29%. Bids ranged from 9.07% to 9.35%
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for both transactions. The 28-day certificates are issue number 86-2005 in DaimlerChryler's certificados bursatiles program and the 91-day certificates are issue 87-2005.
The issuer, based in Mexico City, is the financial arm for DaimlerChrysler.
Issuer: DaimlerChrysler Mexico Holding SA de CV
Issue: Certificados bursatiles
Auction date: Oct. 12
Settlement date: | Oct. 13
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Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
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Ratings: | Standard & Poor's: mxA-1+
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| Fitch: F1+(mex)
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28-day tranche
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Amount: | Ps. 450 million |
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Maturity: | Nov. 10, 2005
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Discount rate: | 9.14%
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Yield: | 9.21%
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91-day tranche
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Amount: | Ps. 80 million |
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Maturity: | Jan. 12, 2006
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Discount rate: | 9.08%
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Yield: | 9.29%
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