DaimlerChrysler Mexico plans to sell Ps. 530 million certificados bursatiles in two tranches

By Reshmi Basu

New York, Oct. 11 - DaimlerChrysler Mexico Holding SA de CV said it plans to sell a total of Ps. 530 million of certificados bursatiles in two tranches on Wednesday.

The issuer plans to sell Ps. $450 million of 28-day certificados bursatiles (/mxA 1+/F1+(mex)). The maturity date is Nov. 10, 2005.

The second tranche is made up of Ps. 80 million of 91-day certficados bursatiles (/mzA-1+/F1+(mex)). The maturity date is Jan. 12, 2006.

Scotia Inverlat Casa de Bolsa SA de CV is the auction agent for both transactions.

The settlement date is Thursday. The 28-day certificates are issue number 86-2005 in DaimlerChryler's certificados bursatiles program. The 91-day certificates are issue 87-2005.

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

© 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.