by Amruth Sundarkumar | Oct 14, 2022 | Corporates, High Yield Bonds, Perpetual Bonds
SMC Global Power’s perpetual dollar bonds dropped by over 10% yesterday. For instance, its SMC’s 5.7% Perp and 6.5% Perp fell by 10-14% to 66.95 and 71.85 cents on the dollar, yielding 19.96% and 31.12% to call. As per a report by Bloomberg Intelligence,...
