By Reshmi Basu
New York, Jan.31 - Ford Credit de Mexico SA de CV Sofol sold Ps. 182.15 million of 112-day certificados bursatiles (MX-2/mxA-3/F2(mex)) at par to yield 8.33% via an auction on Wednesday.
Bids ranged from 8.06% to 8.25%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent.
Ford Motor Credit Co. will guarantee the issue.
The certificates are 019 in Ford Credit's current certificados bursatiles program.
The issuer, based in Mexico City, is a financial unit of Ford Motor Co.
Issuer: | Ford Credit de Mexico SA de CV Sofol
|
Issue: | Certificados bursatiles
|
Amount: | Ps. 182.15 million
|
Maturity: | May 24, 2007
|
Issue price: | Par
|
Yield: | 8.33%
|
Auction date: | Jan. 31
|
Settlement date: | Feb. 1
|
Ratings: | Moody's: MX-2
|
| Standard & Poor's: mxA-3
|
| Fitch: F2(mex)
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.