By Reshmi Basu
New York, Nov. 9 - NR Finance Mexico SA de CV Sofol sold Ps. 250 million of 28-day certificados bursatiles (MX-1/MxA-1+) at 99.303111 to yield 9.02% via an auction on Wednesday.
Bids ranged from 9% to 9.03%.
Nissan Motor Acceptance Corp. will guarantee the issue.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for the transaction.
The issue number is 039 in NR Finance's certificados bursatiles program.
The issuer, based in Mexico City, is the financial arm for Nissan in Mexico.
Issuer: NR Finance Mexico SA de CV Sofol
Amount: Ps. 250 million
Issue: Certificados bursatiles
Maturity date: Dec. 8, 2005
Issue price: 99.303111
Discount rate: 8.96%
Yield: 9.02%
Pricing date: Nov. 9
Settlement date Nov. 10
Auction agent: Scotia Inverlat Casa de Bolsa SA de CV
Ratings: Moody's: MX-1
| Standard & Poor's: MxA-1+
|
|
© 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.