Published on 3/18/2005 in the Prospect News Emerging Markets Daily.
New Issue: DaimlerChrysler Mexico sells Ps. 1.5 billion certificados bursatiles at 10.52%
By Caroline Salls
Pittsburgh, March 18 - DaimlerChrysler Mexico Holding SA de CV said it made its first issue under its program of certificados bursatiles, selling Mexican Ps. 1.5 billion at 10.52%.
The certificates were sold at an auction held Wednesday for up to Mexican Ps. 3 billion of the securities at a face value of Mexican Ps. 100 each.
DaimlerChrysler Mexico is a Mexico City-based car manufacturer.
Issuer: | DaimlerChrysler Mexico Holding SA de CV
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Issue: | Certificados bursatiles
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Amount: | Mexican Ps. 1.5 billion
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Maturity: | March 16, 2007
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Yield: | 10.52%
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Pricing date: | March 16
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Settlement date: | March 18
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Ratings: | Fitch Mexico: AAA(mex)
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| Standard & Poor's: mxAA
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