|
|
|
|
|
by BJones12
515 days ago
|
|
Bonds selling below par is common, so this article with very few details doesn't say much. IIRC Twitter LBO bonds were getting an average of 9.6% YTM when raised, and had maturities from 2027 to 2030. Selling at 90-95 means an increase in the yield of about 2% (napkin math says 1%-5%). |
|
Original debt of twitter buyout lost x%, with this latest sales it down overall to y%?