Paccar Mexico to auction Ps. 550 million certificados bursatiles in two tranches Wednesday

New York, Nov. 22 - Paccar Mexico SA de CV Sofol plans to sell Ps. 550 million certificados bursatiles (/mxA-1+/) in two tranches on Wednesday.

The company plans to issue Ps. 250 million 63-day certificados bursatiles. Maturity for the issue is Jan. 26, 2006.

The second tranche includes Ps. 300 million 91-day certificados bursatiles. The maturity date is Feb. 23, 2006.

Casa de Bolsa BBVA Bancomer, SA de CV is the auction agent for both transactions.

Settlement is scheduled for Thursday.

The issue number for the 63-day issue is 013 in Paccar's current certificados bursatiles program, and the 91-day issue is 014.

The Mexico City-based issuer is truck manufacturer and a subsidiary of Bellevue, Wash.-based Paccar Inc.

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