By Reshmi Basu
New York, Nov. 30 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 571 million of certificados bursatiles (/mxA1+/F1+(mex)) in two tranches on Wednesday.
The issuer sold Ps. 471 million of 42-day certificados bursatiles to yield 8.84%. Bids ranged from 8.74% to 9%.
The second tranche is comprised of Ps. 100 million of 91-day ceetificados bursatiles, which priced to yield 8.80%. Bids ranged from 8.75% to 8.85%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for both transactions.
The 42-day certificates are issue number 103-2005 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 104-2005.
The issuer, based in Mexico City, is the financial arm for DaimlerChrysler.
| Issuer: | DaimlerChrysler Mexico Holding SA de CV
|
| Issue: | Certificados bursatiles
|
| Auction date: | Nov. 30
|
| Settlement date: | Dec. 1
|
| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
| Ratings: | Standard & Poor's: mxA-1+
|
| Fitch: F1+(mex)
|
|
|
| 42-day tranche
|
| Amount: | Ps. 471 million
|
| Maturity: | Jan. 12, 2006
|
| Discount rate: | 8.75%
|
| Yield: | 8.84%
|
|
|
| 91-day tranche
|
| Amount: | Ps. 100 million
|
| Maturity: | March 2, 2006
|
| Discount rate: | 8.61%
|
| Yield: | 8.80%
|
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