By Reshmi Basu
New York, Sept. 6 - 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. 550 million of 28-day certificados bursatiles (/mxA1+/F1+(mex)) at 99.449333 to yield 7.12%. Bids ranged from 7.10% to 7.15%.
The second tranche included Ps. 50 million of 91-day certificados bursatiles, which priced at 98.169889 to yield 7.38%. Bids ranged from 7.35% 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 082 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 083.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
Issuer: | DaimlerChrysler Mexico Holding SA de CV
|
Issue: | Certificados bursatiles
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Auction date: | Sept. 6
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Settlement date: | Sept. 7
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Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
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Ratings: | Standard & Poor's: mxA-1+
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| Fitch: F1+(mex)
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|
28-day tranche
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Amount: | Ps. 550 million
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Maturity: | Oct. 5, 2006
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Issue price: | 99.449333
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Discount rate: | 7.08%
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Yield: | 7.12%
|
|
91-day tranche
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Amount: | Ps. 50 million
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Maturity: | Dec. 7, 2006
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Issue price: | 98.169889
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Discount rate: | 7.24%
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Yield: | 7.38%
|
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