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Published on 11/10/2005 in the Prospect News Emerging Markets Daily.

New Issue: Financieros Navistar sells Ps. 50 million 336-day certificados bursatiles at 9.63%

By Reshmi Basu

New York, Nov. 10 - Servicios Financieros Navistar SA de CV SFOL sold Ps. 50 million 336-day certificados bursatiles (//F1(mex)) at par to yield 9.63% on Wednesday.

Bids ranged from 9.59% to 9.65%.

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

Settlement is scheduled for Friday. The issue number is 010 in Navistar's current certificados bursatiles program.

Mexico City-based Financieros Navistar is the financial arm of Warrenville, Ill., truck maker Navistar International.

Issuer:Servicios Financieros Navistar SA de CV SFOL
Amount:Ps. 50 million
Issue:Certificados bursatiles
Maturity date:Oct. 13, 2006
Issue price:Par
Yield:9.63%
Pricing date:Nov. 10
Settlement date:Nov. 11
Auction agent:Scotia Inverlat Casa de Bolsa SA de CV
Rating:Fitch: F1(mex)

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