NR Finance Mexico to auction Ps. 250 million 28-day certificados bursatiles Wednesday

New York, Sept. 27 - NR Finance Mexico SA de CV Sofol said it plans to sell Ps. 250 million of short-term certificados bursatiles via an auction on Wednesday.

The issue will carry a tenor of 28 days with a maturity date of Oct. 27.

Nissan Motor Acceptance Corp. will guarantee the issue.

Scotia Inverlat Casa de Bolsa SA de CV, part of Grupo Financiero Scotiabank Inverlat is auction agent for the transaction.

Settlement is scheduled for Sept. 29. The issue number is 033 in NR Finance's certificados bursatiles program.

Moody's rates the short-term paper as MX-1. Standard & Poor's gives the issue an mxA-1+ rating.

The issuer, based in Mexico City, is the financial arm for Nissan 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.