By Reshmi Basu
New York, Sept. 29 -Servicios Financieros Navistar SA de CV SFOL issued Ps. 50 million of 336-day certificados bursatiles (//F1(mex)) to yield 10.16% via an auction on Thursday.
Bids ranged from 9.98% to 10.18%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for the transaction.
Settlement is scheduled for Friday. The issue number is 008 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 I
Amount: Ps. 50 million
Issue: 336-day certificados bursatiles
Maturity: Sept. 1, 2006
| Yield: | 10.16%
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| Auction date: | Sept. 29
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| Settlement date: | Sept. 30
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| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
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| Ratings: | Fitch: F1(mex)
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