By Reshmi Basu
New York, Nov. 16 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 412 million of certificados bursatiles (/mxA1+/F1+(mex)) in three tranches on Wednesday.
The issuer sold Ps. 312 million 28-day certificados bursatiles to yield 8.92%. Bids ranged from 8.88% to 8.97%.
The second tranche is comprised of Ps. 75 million 91-day cetificados bursatiles, which priced to yield 9.07%. Bids ranged from 9.05% to 9.11%.
And the third tranche is made up of Ps. 25 million 357-day certificados bursatiles, which priced to yield 9.18%. Bids ranged from 9.15% to 9.28%.
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 97-2005 in DaimlerChrysler's certificados bursatiles program. The 91-day certificates are issue number 98-2005, and the 357-day certificates are issue number 99-2005.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
Issuer: | DaimlerChrysler Mexico Holding SA de CV
|
Issue: | Certificados bursatiles
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Auction date: | Nov. 15
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Settlement date: | Nov. 16
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Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
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Ratings: | Standard & Poor's: mxA-1+
|
| Fitch: F1+(mex)
|
|
28-day tranche
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Amount: | Ps. 312 million
|
Maturity: | Dec. 15, 2005
|
Discount rate: | 8.86%
|
Yield: | 8.92%
|
|
91-day tranche
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Amount: | Ps. 75 million
|
Maturity: | Feb. 16, 2006
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Discount rate: | 8.87%
|
Yield: | 9.07%
|
|
357-day tranche
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Amount: | Ps. 25 million
|
Maturity: | Nov. 9, 2006
|
Discount rate: | 8.41%
|
Yield: | 9.18%
|
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