By Reshmi Basu
New York, Dec. 6 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 227 million of certificados bursatiles (/mxA1+/F1+(mex)) in two tranches on Wednesday.
The issuer sold Ps. 182 million of 42-day certificados bursatiles, which priced at 99.169333 to yield 7.18%. Bids ranged from 7.15% to 7.20%.
The second tranche is comprised of Ps. 45 million of 357-day certificados bursatiles, which priced at 92.780667 to yield 7.86%. Minimum and maximum bids were 7.85%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for both transactions.
The 42-day certificates are issue number 114 in DaimlerChrysler's current certificados bursatiles program. The 357-day certificates are issue number 115.
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. 227 million
|
| Auction date: | Dec. 6
|
| Settlement date: | Dec. 7
|
| Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
|
| Ratings: | Standard & Poor's mxA-1+
|
| Fitch: F1+(mex)
|
|
|
| 42-day tranche
|
| Amount: | Ps. 182 million
|
| Maturity: | Jan. 18, 2007
|
| Issue price: | 99.169333
|
| Discount rate: | 7.12%
|
| Yield: | 7.18%
|
|
|
| 357-day tranche
|
| Amount: | Ps. 45 million
|
| Maturity: | Nov. 29, 2007
|
| Issue price: | 92.780667
|
| Discount rate: | 7.28%
|
| Yield: | 7.86%
|
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