By Reshmi Basu
New York, June 14 - 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 99.44778 to yield 7.14%. Bids ranged from 7.13% to 7.15%.
The second tranche included Ps. 100 million of 91-day certificados bursatiles, which priced at 98.116806 to yield 7.59%. Bid ranged from 7.50% to 7.60%.
The third tranche is comprised of Ps. 50 million of 182-day certificados bursatiles, which priced at 96.208333 to yield 7.80%. The minimum and maximum bids were 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 058 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 059, and the 182-day certificates are issue number 60.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
Issuer: | DaimlerChrysler Mexico Holding SA de CV
|
Issue: | Certificados bursatiles
|
Auction date: | June 14
|
Settlement date: | June 15
|
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: | July 13, 2006
|
Issue price: | 99.44778
|
Discount rate: | 7.10%
|
Yield: | 7.14%
|
|
91-day tranche
|
Amount: | Ps. 100 million
|
Maturity: | Sept. 14, 2006
|
Issue price: | 98.116806
|
Discount rate: | 7.45%
|
Yield: | 7.59%
|
|
182-day tranche
|
Amount: | Ps. 50 million
|
Maturity: | Dec. 14, 2006
|
Issue price: | 96.208333
|
Discount rate: | 7.50%
|
Yield: | 7.80%
|
|
© 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.