DaimlerChrysler Mexico plans to sell Ps. 800 million certificados bursatiles in three tranches

By Reshmi Basu

New York, Nov. 7 - DaimlerChrysler Mexico Holding SA de CV plans to sell a total of Ps. 800 million of certificados bursatiles (/mxA1+/F1+(mex)) in three tranches on Wednesday.

The issuer plans to issue Ps. 600 million of 28-day certificados bursatiles. The maturity date is Dec. 7, 2006.

The second tranche is comprised of Ps. 130 million of 91-day certificados bursatiles. The maturity date is Feb. 8, 2007.

And the third tranche includes Ps. 70 million of 182-day certificados bursatiles. The maturity date is scheduled for May 10, 2007.

Scotia Inverlat Casa de Bolsa SA de CV is the auction agent for all three transactions.

The settlement date is Thursday. The 28-day certificates are issue number 102 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 103, and the 182-day certificates are issue number 104.

The issuer, based in Mexico City, is the financial arm for DaimlerChrysler.

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