An issue of TeamHealth Holdings Inc (NYSE:TMH) bonds rose 5.3% against their face value during trading on Tuesday. The high-yield debt issue has a 6.375% coupon and is set to mature on February 1, 2025. The debt is now trading at $79.50. Price moves in a company’s bonds in credit markets often predict parallel moves in its stock price.
TeamHealth Holdings Inc has a twelve month low of $30.83 and a twelve month high of $49.50.
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Team Health Holdings, Inc is a United States-based physician services company. The Company supplies outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. It operates through four segments: Hospital Based Services, IPC Healthcare, Specialty Services and Other Services.
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