Hot Topic (HOTT) Bonds Rise 4.3% During Trading

An issue of Hot Topic, Inc. (NASDAQ:HOTT) debt rose 4.3% as a percentage of its face value during trading on Thursday. The high-yield debt issue has a 9.25% coupon and is set to mature on June 15, 2021. The bonds in the issue are now trading at $95.25 and were trading at $68.00 last week. Price moves in a company’s debt in credit markets often predict parallel moves in its stock price.

TRADEMARK VIOLATION WARNING: This report was first posted by Community Financial News and is the property of of Community Financial News. If you are reading this report on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The original version of this report can be read at

About Hot Topic

Hot Topic, Inc, is a mall and Web-based specialty retailer of apparel, accessories, music and gift items for young men and women. The Company operates under two concepts: Hot Topic and Torrid. At its Hot Topic stores, it sells a selection of licensed and non-licensed apparel, accessories and gift items that are influenced by popular music artists and pop culture trends.

What are top analysts saying about Hot Topic? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Hot Topic and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit