DaimlerChrysler Mexico plans to sell Ps. 650 million certificados bursatiles in three tranches

By Reshmi Basu

New York, Oct. 24 - DaimlerChrysler Mexico Holding SA de CV plans to sell a total of Ps. 650 million of certificados bursatiles (/mxA1+/F1+(mex)) in three tranches on Wednesday.

The issuer plans to issue Ps. 500 million of 28-day certificados bursatiles. The maturity date is Nov. 23, 2006.

The second tranche is comprised of Ps. 100 million of 91-day certificados bursatiles. The maturity date is Jan. 25, 2007.

And the third tranche includes Ps. 50 million of 182-day certificados bursatiles. The maturity date is scheduled for April 26, 2007.

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 096 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 097, and the 182-day certificates are issue number 098.

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

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