Focus Media (FMCN) Debt Trading 1% Lower

An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1% as a percentage of its face value during trading on Tuesday. The high-yield issue of debt has a 7.25% coupon and is set to mature on April 1, 2023. The debt is now trading at $105.06. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its share price.

TRADEMARK VIOLATION WARNING: This report was published by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this report on another publication, it was stolen and republished in violation of international copyright & trademark laws. The original version of this report can be viewed at https://stocknewstimes.com/2017/12/06/focus-media-fmcn-debt-trading-1-lower.html.

About Focus Media

Focus Media Holding Limited is a multi-platform digital media company, operating the liquid crystal display (LCD) display network in China using audiovisual digital displays in commercial and residential locations, based on the number of locations and number of flat-panel digital displays in its network, the poster frame network, based on the number of locations and number of poster frames and digital poster frames in its network, and the LCD display network in China using audiovisual digital displays in supermarkets and hypermarkets.

Receive News & Ratings for Focus Media Holding Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Focus Media Holding Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply