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Paccar Mexico to auction Ps. 100 million 28-day certificados bursatiles on Wednesday
New York, Sept. 20 - Paccar Mexico SA de CV said it plans to auction Ps. 100 million of short-term certificados bursatiles on Wednesday.
The notes will settle on Thursday and mature on Oct. 20.
Paccar Mexico said the issuance is number 93 under its Ps. 4 billion certificados bursatiles program.
Casa de Bolsa BBVA Bancomer, SA de CV, part of Grupo Financiero BBVA Bancomer, will be auction agent.
The certificados bursatiles are rated mxA-1+ by Standard & Poor's.
Paccar Mexico is a division of Bellevue, Wash., truck maker Paccar Inc.
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