E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/7/2006 in the Prospect News Emerging Markets Daily.

DaimlerChrysler Mexico plans to sell Ps. 150 million certificados bursatiles in three tranches

By Reshmi Basu

New York, Feb. 7 - DaimlerChrysler Mexico Holding SA de CV plans to sell a total of Ps. 150 million of certificados bursatiles (/mxA1+/F1+(mex)) in two tranches on Wednesday.

The issuer plans to issue Ps. 100 million of 91-day certificados bursatiles. The maturity date is May 11, 2006.

The second tranche is comprised of Ps. 50 million of 182-day certificados bursatiles. The maturity date is Aug. 10, 2006.

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

The settlement date is Thursday. The 91-day certificates are issue number 014 in DaimlerChrysler's current certificados bursatiles program. The 182-day certificates are issue number 015.

The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.