By Reshmi Basu
New York, Feb. 9 - Telefonica Finanzas (Telfim) Mexico SA de CV issued Ps. 6.5 billion of certificados bursatiles in two tranches via an auction on Wednesday.
The company sold Ps. 4.5 billion of 41/2-year certificados bursatiles at 91-day Cetes plus 61 basis points for an initial rate of 7.62%.
The issue is number Telfim 05 in Telefonica Finanzas' certificados bursatiles program.
The second tranche is an offering of Ps. 2 billion of 61/2-year certificados bursatiles, which priced at 8.73%. The issue is number is Telfim 05-2 in Telefonica Finanzas' certificados bursatiles program.
Casa de Bolsa BBVA Bancomer SA de CV was the auction agent for both issues.
Mexico City-based Telfim is a subsidiary of Telefonica de Espana.
| Issuer: | Telefonica Finanzas (Telfim) Mexico SA de CV
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| Issue: | Certificados bursatiles
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| Pricing date: | Feb. 8
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| Settlement date: | Feb. 10
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| Auction agent: | Casa de Bolsa BBVA Bancomer SA. de CV
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|
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| 41/2-year tranche
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| Amount: | Ps. 4.5 billion
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| Maturity: | Sept. 24, 2010
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| Interest rate: | 7.62%
|
|
|
| 61/2-year tranche
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| Amount: | Ps. 2 billion
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| Maturity: | Sept. 21, 2012
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| Interest rate: | 8.73%
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