By Reshmi Basu
New York, Feb. 1 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 650 million of certificados bursatiles (/mxA1+/F1+(mex)) in three tranches on Wednesday.
The issuer sold Ps. 500 million of 28-day certificados bursatiles at 99.394889 to yield 7.83%. Bids ranged from 7.79% to 7.85%.
The second tranche included Ps. 100 million of 91-day certificados bursatiles, which priced at 98.051083 to yield 7.86%. Bid ranged from 7.85% to 7.88%.
The third tranche is comprised of Ps. 50 million of 182-day certificados bursatiles, which priced at 96.112278 to yield 8%. Bids ranged from 7.95% to 8.01%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for all three transactions.
The 28-day certificates are issue number 010 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 011 and the 182-day certificates are issue number 012.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
| Issuer: | DaimlerChrysler Mexico Holding SA de CV
|
| Issue: | Certificados bursatiles
|
| Auction date: | Feb. 1
|
| Settlement date: | Feb. 2
|
| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
| Ratings: | Standard & Poor's: mxA-1+
|
| Fitch: F1+(mex)
|
|
|
| 28-day tranche
|
| Amount: | Ps. 500 million
|
| Maturity: | March 2, 2006
|
| Issue price: | 99.394889
|
| Discount rate: | 7.78%
|
| Yield: | 7.83%
|
|
|
| 91-day tranche
|
| Amount: | Ps. 100 million
|
| Maturity: | May 4, 2006
|
| Issue price: | 98.051083
|
| Discount rate: | 7.71%
|
| Yield: | 7.86%
|
|
|
| 182-day tranche
|
| Amount: | Ps. 50 million
|
| Maturity: | Aug. 3, 2006
|
| Issue price: | 96.112278
|
| Discount rate: | 7.69%
|
| Yield: | 8%
|
|
|
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