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Ford Credit de Mexico to sell Ps. 200 million of 112-day certificados bursatiles Wednesday
By Reshmi Basu
New York, Oct. 24 - Ford Credit de Mexico SA de CV Sofol said it plans to issue Ps. 200 million in 112-day certificados bursatiles (MX-2/mxA-2/F2(mex)) via an auction on Wednesday.
The maturity date is Feb. 15, 2007. Meanwhile settlement is scheduled for Thursday.
Scotia Inverlat Casa de Bolsa SA de CV is the auction agent for the transaction.
Ford Motor Credit Co. will guarantee the issue.
The certificates are issue number 009 in Ford Credit's current certificados bursatiles program.
The issuer, based in Mexico City, is the financial arm for Ford Motor Co.
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