DaimlerChrysler Mexico plans to sell Ps. 412 million certificados bursatiles in three tranches

By Reshmi Basu

New York, Nov. 15 - DaimlerChrysler Mexico Holding SA de CV plans to sell a total of Ps. 412 million of certificados bursatiles (/mxA1+/AA+(mex)) in three tranches on Wednesday.

The issuer plans to issue Ps. 312 million 28-day certificados bursatiles. The maturity date is Dec. 15, 2005.

The second tranche is comprised of Ps. 75 million 91-day certificados bursatiles. The maturity date is Feb. 16, 2006.

And the third tranche is made up of Ps. 25 million 357-day certificados bursatiles. The maturity date is Nov. 9, 2006.

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

The settlement day is Thursday. The 28-day certificates are issue number 97-2005 in DaimlerChrysler's certificados bursatiles program. The 91-day certificates are issue number 98-2005, and the 357-day certificates are issue number 99-2005.

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

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