By Reshmi Basu
New York, March 2 - NR Finance Mexico SA de CV Sofol sold Ps. 500 million of 28-day certificados bursatiles (MX-1/mxA-1+) at 99.415889 to yield 7.55% via an auction on Wednesday.
Bids ranged from 7.52% to 7.60%.
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 009 in NR Finance's current 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. 500 million
|
| Issue: | Certificados bursatiles
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| Maturity date: | March 30, 2006
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| Issue price: | 99.415889
|
| Discount rate: | 7.51%
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| Yield: | 7.55%
|
| Pricing date: | March 1
|
| Settlement date: | March 2
|
| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
| Ratings: | Moody's: MX-1
|
| Standard & Poor's: mxA-1+
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