By Reshmi Basu
New York, Aug. 16 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 600 million of certificados bursatiles (/mxA1+/F1+(mex)) in two tranches on Wednesday.
The issuer sold Ps. 500 million of 28-day certificados bursatiles (/mxA1+/F1+(mex)) at 99.449333 to yield 7.12%. Bids ranged from 7.12% to 7.13%.
The second tranche included Ps. 100 million of 91-day certificados bursatiles, which priced at 98.177472 to yield 7.34%. Bids ranged from 7.30% to 7.40%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for both transactions.
The 28-day certificates are issue number 076 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 077.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
| Issuer: | DaimlerChrysler Mexico Holding SA de CV
|
| Issue: | Certificados bursatiles
|
| Auction date: | Aug. 16
|
| Settlement date: | Aug. 17
|
| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
| Ratings: | Standard & Poor's: mxA-1+
|
| Fitch: F1+(mex)
|
|
|
| 28-day tranche
|
| Amount: | Ps. 500 million
|
| Maturity: | Sept. 14, 2006
|
| Issue price: | 99.449333
|
| Discount rate: | 7.08%
|
| Yield: | 7.12%
|
|
|
| 91-day tranche
|
| Amount: | Ps. 100 million
|
| Maturity: | Nov. 16, 2006
|
| Issue price: | 98.177472
|
| Discount rate: | 7.21%
|
| Yield: | 7.34%
|
|
|
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