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Paccar Mexico to sell Ps. 550 million of 28-day certificados bursatiles Wednesday
By Reshmi Basu
New York, July 11 - Paccar Mexico SA de CV Sofol plans to issue Ps. 550 million of 28-day certificados bursatiles (MX-1/mxA-1+/) on Wednesday.
The maturity date is scheduled for Aug. 10, 2006.
Scotia Inverlat Casa de Bolsa SA de CV is the auction agent for the transaction.
Meanwhile settlement for the issue is scheduled for Thursday.
The 28-day certificates are issue number 050 in Paccar's current certificados bursatiles program.
The Mexicali, Mexico-based issuer is truck manufacturer and a subsidiary of Bellevue, Wash.-based Paccar Inc.
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