By Reshmi Basu
New York, Oct. 4 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 750 million of certificados bursatiles (/mxA1+/F1+(mex)) in two tranches on Wednesday.
The issuer sold Ps. 600 million of 28-day certificados bursatiles (/mxA1+/F1+(mex)) at 99.46975 to yield 7.11%. Bids ranged from 7.10% to 7.12%.
The second tranche included Ps. 150 million of 91-day certificados bursatiles, which priced at 98.152194 to yield 7.45%. Bids ranged from 7.37% to 7.50%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for both transactions.
The 28-day certificates are issue number 088 in DaimlerChryler's current certificados bursatiles program. The 91-day certificates are issue number 089.
The issuer, based in Mexico City, is the financial arm for DaimlerChrysler.
Issuer: DaimlerChrysler Mexico Holding SA de CV
Issue: Certificados bursatiles
Auction date: Oct. 4
Settlement date: | Oct. 5
|
Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
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Ratings: | Standard & Poor's: mxA-1+
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| Fitch: F1+(mex)
|
|
28-day tranche
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Amount: | Ps. 600 million
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Maturity: | Nov. 1, 2006
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Issue price: | 99.46975
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Discount rate: | 7.07%
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Yield: | 7.11%
|
|
91-day tranche
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Amount: | Ps. 150 million
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Maturity: | Jan. 4, 2007
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Issue price: | 98.152194
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Discount rate: | 7.31%
|
Yield: | 7.45%
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