An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.4% as a percentage of 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 $102.13 and was trading at $102.31 one week ago. Price moves in a company’s debt in credit markets sometimes predict parallel moves in its stock price. TRADEMARK VIOLATION WARNING: “Focus Media Holding Limited (FMCN) Bond Prices Fall 1.4%” was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://www.watchlistnews.com/focus-media-holding-limited-fmcn-bond-prices-fall-1-4/1604061.html.

Focus Media Holding Limited Company Profile

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.

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