By Reshmi Basu
New York, Oct. 18 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 750 million of certificados bursatiles (/mxA1+/F1+(mex)) in three tranches on Wednesday.
The issuer sold Ps. 500 million of 28-day certificados bursatiles (/mxA1+/F1+(mex)) at 99.447 to yield 7.15%. Bids ranged from 7.14% to 7.17%.
The second tranche included Ps. 150 million of 91-day certificados bursatiles, which priced at 98.15725 to yield 7.43%. Bids ranged from 7.40% to 7.49%.
The third tranche is comprised of Ps. 100 million of 182-day certificados bursatiles, which priced at 96.213389 to yield 7.79%. Bids ranged from 7.75% to 7.80%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for all three transactions.
The 28-day certificates are issue number 093 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 094, and the 182-day certificates are issue number 095.
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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Total amount: | Ps. 750 million
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Auction date: | Oct. 18
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Settlement date: | Oct. 19
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Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
Ratings: | Standard & Poor's: mxA-1+
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| Fitch: F1+(mex)
|
|
28-day tranche
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Amount: | Ps. 500 million
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Maturity: | Nov. 16, 2006
|
Issue price: | 99.447
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Discount rate: | 7.11%
|
Yield: | 7.15%
|
|
91-day tranche
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Amount: | Ps. 150 million
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Maturity: | Jan. 18, 2007
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Issue price: | 98.15725
|
Discount rate: | 7.29%
|
Yield: | 7.43%
|
|
182-day tranche
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Amount: | Ps. 100 million
|
Maturity: | April 19, 2007
|
Issue price: | 96.213389
|
Discount rate: | 7.49%
|
Yield: | 7.79%
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