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DaimlerChrysler Mexico plans to sell Ps. 525 million certificados bursatiles in two tranches
By Reshmi Basu
New York, Nov. 8 - DaimlerChrysler Mexico Holding SA de CV said it plans to sell a total of Ps. 525 million certificados bursatiles in two tranches on Wednesday.
The issuer plans to sell Ps. 450 million 28-day certificados bursatiles (/mxA 1+/F1+(mex)). The maturity date is Dec. 8, 2005.
The second tranche is made up of Ps. 75 million 91-day certficados bursatiles (/mzA-1+/F1+(mex)). The maturity date is Feb. 9, 2006.
Scotia Inverlat Casa de Bolsa SA de CV is the auction agent for both transactions.
The settlement date is Thursday. The 28-day certificates are issue number 95-2005 in DaimlerChrysler's certificados bursatiles program. The 91-day certificates are issue number 96-2005.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
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