E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/8/2005 in the Prospect News Emerging Markets Daily.

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.


© 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.