DaimlerChrysler Mexico plans to sell Ps. 620 million certificados bursatiles in three tranches

By Reshmi Basu

New York, Oct. 25 - DaimlerChrysler Mexico Holding SA de CV said it plans to sell a total of Ps. 620 million of certificados bursatiles in three tranches on Wednesday.

The issuer plans to sell Ps. 520 million 28-day certificados bursatiles (/mxA 1+/F1+(mex)). The maturity date is Nov. 24, 2005.

The second tranche is made up of Ps. 70 million 91-day certficados bursatiles (/mzA-1+/F1+(mex)). The maturity date is Jan. 26, 2006.

The third tranche is comprised of Ps. 30 million 357-day certificados bursatiles (/mxA-1+/F1+(mex)). The maturity date is Oct. 19, 2006.

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

The settlement date is Thursday. The 28-day certificates are issue number 90-2005 in DaimlerChrysler's certificados bursatiles program. The 91-day certificates are issue number 91-2005, and the 357-day certificates are issue 92-2005.

The issuer, based in Mexico City, is a financial subsidiary of DaimlerChrysler.

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