By Reshmi Basu
New York, Dec. 15 - Servicios Financieros Navistar SA de CV Sofol issued Ps. 150 million of 84-day certificados bursatiles (//F1(mex)) at par to yield 8.83% via an auction on Thursday.
Bids ranged from 8.81% to 8.87%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for the transaction.
The issue number is 011 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 Sofol
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| Amount: | Ps. 150 million
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| Issue: | Certificados bursatiles
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| Maturity: | March 10, 2006
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| Issue price: | Par
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| Yield: | 8.83%
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| Auction date: | Dec. 15
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| Settlement date: | Dec. 16
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| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
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| Rating: | Fitch: F1(mex)
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