APN News and Media’s retail bonds are yielding record highs ahead of tomorrow’s earnings call as the newspaper owner’s financial health comes under scrutiny.
The yield on the NZX-listed bonds has climbed to 14% today, up from about 10% in December and well above the 7.86% coupon rate when
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Duncan Bridgeman
Wed, 20 Feb 2013
Wed, 20 Feb 2013
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APN bond yields spike, financial covenants in focus
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