By Reshmi Basu
New York, Nov. 29 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 758 million of certificados bursatiles (/mxA1+/F1+(mex)) in three tranches on Wednesday.
The issuer sold Ps. 500 million of 28-day certificados bursatiles at 99.168167 to yield 7.19%. Bids ranged from 7.14% to 7.24%.
The second tranche included Ps. 108 million of 91-day certificados bursatiles, which priced at 98.149667 to yield 7.46%. Bids ranged from 7.40% to 7.54%.
The third tranche is comprised of Ps. 150 million of 182-day certificados bursatiles, which priced at 96.238667 to yield 7.73%. Bids ranged from 7.60% to 7.75%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for all three transactions.
The 28-day certificates are issue number 111 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 112, and the 182-day certificates are issue number 113.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
| Issuer: | DaimlerChrysler Mexico Holding SA de CV
|
| Issue: | Certificados bursatiles
|
| Total amount: | Ps. 758 million
|
| Auction date: | Nov. 29
|
| Settlement date: | Nov. 30
|
| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
| Ratings: | Standard & Poor's mxA-1+
|
| Fitch: F1+(mex)
|
|
|
| 28-day tranche
|
| Amount: | Ps. 500 million
|
| Maturity: | Jan. 11, 2007
|
| Issue price: | 99.168167
|
| Discount rate: | 7.13%
|
| Yield: | 7.19%
|
|
|
| 91-day tranche
|
| Amount: | Ps. 108 million
|
| Maturity: | March 1, 2007
|
| Issue price: | 98.149667
|
| Discount rate: | 7.32%
|
| Yield: | 7.46%
|
|
|
| 182-day tranche
|
| Amount: | Ps. 150 million
|
| Maturity: | May 31, 2007
|
| Issue price: | 96.238667
|
| Discount rate: | 7.44%
|
| Yield: | 7.73%
|
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