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nxs debt going cheap

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    An article on the Aussie debt markets (secondary debt markets) in yesterdays Fin Review mentioned that Nexus Energy debt is for sale at 50%. There were a couple of other companies discussed but Nexus' debt was the cheapest of the ones mentioned.

    I'm not sure about how these debt markets work but it'd be great to get someones view (a sensible discussion please) on this from someone who knew more about it.

    Cheers,

    Mark
 
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