An issue of GrafTech International Ltd (NYSE:GTI) bonds rose 1.3% as a percentage of their face value during trading on Thursday. The high-yield issue of debt has a 6.375% coupon and is set to mature on November 15, 2020. The bonds in the issue are now trading at $96.75 and were trading at $92.50 one week ago. Price changes in a company’s bonds in credit markets sometimes predict parallel changes in its stock price. ILLEGAL ACTIVITY WARNING: “GrafTech International Ltd (NYSE:GTI) Bonds Rise 1.3% During Trading” was originally published by BNB Daily and is the sole property of of BNB Daily. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.baseball-news-blog.com/2017/08/14/graftech-international-ltd-nysegti-debt-trading-1-3-higher-updated.html.
GrafTech International Company Profile
GrafTech International Ltd. (GTI) is a manufacturer of graphite electrodes, products essential to the production of electric arc furnace (EAF) steel and other ferrous and nonferrous metals. The Company produces needle coke products, which are the primary raw material needed in the manufacture of graphite electrodes.
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