An issue of TMS International Corp. (NYSE:TMS) debt rose 1% against its face value during trading on Friday. The debt issue has a 7.25% coupon and is set to mature on August 15, 2025. The debt is now trading at $101.50. Price moves in a company’s debt in credit markets often predict parallel moves in its stock price. COPYRIGHT VIOLATION WARNING: This piece was published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.watchlistnews.com/tms-international-corp-nysetms-bonds-trading-1-higher/1475559.html.

TMS International Corp. Company Profile

TMS International Corp. (TMS), formerly Metal Services Acquisition Corp., is a provider of outsourced industrial services to steel mills in North America. The Company provides a range of services through two segments: Mill Services Group and Raw Material and Optimization Group. The Mill Services Group segment includes scrap management and preparation; semi-finished and finished material handling; metal recovery and slag handling, processing and sales, and surface conditioning.

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