By Reshmi Basu
New York, Oct. 25 - Ford Credit de Mexico SA de CV Sofol sold Ps. 200 million of 112-day certificados bursatiles (MX-2/mxA-3/F2(mex)) at par to yield 8.11% via an auction on Wednesday.
Bids ranged from 8.01% to 8.21%.
Scotia Inverlat Casa de Bolsa SA de CV was 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 a financial unit of Ford Motor Co.
Issuer: | Ford Credit de Mexico SA de CV Sofol
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Issue: | Certificados bursatiles
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Amount: | Ps. 250 million
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Maturity: | Feb. 15, 2007
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Price: | Par
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Yield: | 8.11%
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Auction date: | Oct. 25
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Settlement date: | Oct. 26
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Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
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Ratings: | Moody's: MX-2
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| Standard & Poor's: mxA-2
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| Fitch: F2(mex)
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