The bond is actually from NII Capital Corp which is part of NII Holdings, which is a mobile telecommunications company focused on the Latin American markets. I was able to buy this 8.875% bond below face value, so it will yield 12.5% in my account. Below are the charts of the bond (recently downgraded) and the stock:
Needless to say, my hope is that this company will continue to grow its subscriber base and continue to make payments on its bonds.
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