The company is in talks with investors to raise $500 million in the coming weeks through a bond issue to partly refinance $606 million of outstanding 13.875% notes maturing in 2028. This is a re-tap of the bonds raised in September and the instrument is likely to be priced around 10.2%, where the bond is trading.
How to Calculate Dividend Yield: A key metric for income investors
The dividend yield ratio helps investors assess income from dividends relative to stock price, indicating financial health and potential risks. High yield can signal risk,
April 13, 2025