GMAC Mexicana plans to sell Ps. 125 million certificados bursatiles in two tranches Wednesday

New York, Jan. 10 - GMAC Mexicana SA de CV Sofol said it plans to sell Ps. 125 million of certificados bursatiles (MX-2/mxA-2/F2(mex)) in two tranches via an auction on Wednesday.

The company will sell Ps. 75 million of 28-day certificates with a maturity date of Feb. 9, 2006 and Ps. 50 million of 84-day certificates with a maturity date of April 6, 2006.

Settlement is scheduled for Thursday.

Casa de Bolsa BBVA Bancomer, SA de CV is auction agent.

The 28-day certificates are issue number 126 in GMAC Mexicana's current certificados bursatiles program and the 84-day certificates are number 127.

The issuer, based in Monterrey, Nuevo Leon, Mexico, is the financial arm for GMAC in Mexico.

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