Todays Report: The Tibco Software Inc. (TIBX) Bond Prices Rise 1.5%

The Tibco Software Inc. (TIBX) Bond Prices Rise 1.5%

An issue of Tibco Software Inc. (NASDAQ:TIBX) debt rose 1.5% as a percentage of its face value during trading on Monday. The high-yield issue of debt has a 11.375% coupon and will mature on December 1, 2021. The debt is now trading at $97.00. Price changes in a company’s debt in credit markets sometimes predict parallel changes in its stock price.

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