By Reshmi Basu
New York, Oct. 31 - 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. 600 million of 28-day certificados bursatiles (/mxA1+/F1+(mex)) at 99.428861 to yield 7.09%. Bids ranged from 7.12% to 7.15%.
The second tranche included Ps. 100 million of 92-day certificados bursatiles, which priced at 98.124222 to yield 7.48%. Bids ranged from 7.40% to 7.55%.
The third tranche is comprised of Ps. 50 million of 183-day certificados bursatiles, which priced at 96.1875 to yield 7.80%. Bids ranged from 7.72% to 8%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for all three transactions.
The 28-day certificates are issue number 099 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 100, and the 183-day certificates are issue number 101.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
| Issuer: | DaimlerChrysler Mexico Holding SA de CV
|
| Issue: | Certificados bursatiles
|
| Total amount: | Ps. 750 million
|
| Auction date: | Oct. 31
|
| Settlement date: | Nov. 1
|
| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
| Ratings: | Standard & Poor's: mxA-1+
|
| Fitch: F1+(mex)
|
|
|
| 28-day tranche
|
| Amount: | Ps. 600 million
|
| Maturity: | Nov. 16, 2006
|
| Issue price: | 99.428861
|
| Discount rate: | 7.09%
|
| Yield: | 7.13%
|
|
|
| 92-day tranche
|
| Amount: | Ps. 100 million
|
| Maturity: | Feb. 1, 2007
|
| Issue price: | 98.124222
|
| Discount rate: | 7.34%
|
| Yield: | 7.48%
|
|
|
| 183-day tranche
|
| Amount: | Ps. 50 million
|
| Maturity: | May 3, 2007
|
| Issue price: | 96.1875
|
| Discount rate: | 7.50%
|
| Yield: | 7.80%
|
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