Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for GMAC Mexicana, SA de CV Sofol > News item |
GMAC Mexicana plans to sell Ps. 425 million of certificados bursatiles in two tranches
By Reshmi Basu
New York, Sept. 26 - GMAC Mexicana SA de CV Sofol said it plans to sell a total of Ps. 425 million of certificados bursatiles (MX-2/mxA-2/F2(mex)) in two tranches via an auction on Wednesday.
The issuer will sell Ps. 300 million of 28-day certificados bursatiles. The maturity date is Oct. 26, 2006.
The second tranche is made up of Ps. 125 million of 182-day certificados bursatiles. The maturity date is March 29, 2007.
The settlement date is scheduled for Thursday. The 28-day certificates are issue number 104 in GMAC Mexicana's current certificados bursatiles program. The 182-day certificates are issue number 105.
The issuer, based in Monterrey, Mexico, is the financial arm for GMAC in Mexico.
© 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.