The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments


Subject:  NII Capital (NIHD) 2016 Bonds 10% Date:  11/7/2013  1:14 PM
Author:  ytm Number:  35092 of 35576

So this is very interesting trading action. The bonds have cratered into the mid $70's now. Not long ago were trading at par. With less than 3 years to go til redemption, this price action is a bit surprising.

The company has some significant logistics and operational issues going on. But still with market cap equity in the half billion range and this is after a very recent and major sell off there is allot to play out.

NIHD has also been selling off some of their non