An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt rose 1.4% against its face value during trading on Monday. The high-yield issue of debt has a 7.25% coupon and will mature on April 1, 2023. The debt is now trading at $94.88. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its share price.
ILLEGAL ACTIVITY NOTICE: This report was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this report on another domain, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The original version of this report can be read at https://www.dispatchtribunal.com/2018/11/05/focus-media-fmcn-debt-trading-1-4-higher.html.
Focus Media Company Profile (NASDAQ:FMCN)
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.
Recommended Story: Preferred Stock
Receive News & Ratings for Focus Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Focus Media and related companies with MarketBeat.com's FREE daily email newsletter.