An issue of The Fresh Market Inc (NASDAQ:TFM) bonds fell 2.5% against their face value during trading on Tuesday. The debt issue has a 9.75% coupon and is set to mature on May 1, 2023. The bonds in the issue are now trading at $62.97 and were trading at $67.25 one week ago. Price moves in a company’s bonds in credit markets sometimes anticipate parallel moves in its share price.
TRADEMARK VIOLATION WARNING: “The Fresh Market (TFM) Bond Prices Fall 2.5%” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://ledgergazette.com/2018/03/13/the-fresh-market-tfm-bond-prices-fall-2-5.html.
The Fresh Market Company Profile
The Fresh Market, Inc is a United States-based specialty grocery retailer. The Company focuses on perishable categories, which include meat, seafood, produce, deli, bakery, floral, sushi and prepared foods. Its non-perishable categories include traditional grocery, frozen and dairy products, as well as bulk, coffee and candy, and beer and wine.
Receive News & Ratings for The Fresh Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Fresh Market and related companies with MarketBeat.com's FREE daily email newsletter.