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DaimlerChrysler Mexico plans to sell Ps. 600 million certificados bursatiles in two tranches
By Reshmi Basu
New York, June 20 - DaimlerChrysler Mexico Holding SA de CV plans to sell a total of Ps. 600 million of certificados bursatiles (/mxA1+/F1+(mex)) in two tranches on Wednesday.
The issuer plans to issue Ps. 500 million of 28-day certificados bursatiles. The maturity date is July 20, 2006.
The second tranche is comprised of Ps. 100 million of 91-day certificados bursatiles. The maturity date is Sept. 21, 2006.
Scotia Inverlat Casa de Bolsa SA de CV is the auction agent for both transactions.
The settlement date is Thursday.
The 28-day certificates are issue number 061 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 062.
The issuer, based in Mexico City, is a financial unit of DaimlerChrysler.
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