Bloomberg News

Hungary’s Est Media Falls for Second Day on Refinancing Plans

April 17, 2012

Est Media Vagyonkezelo Nyrt., a Hungarian entertainment company, fell for a second day after saying yesterday that it will issue bonds to help refinance debt.

The shares dropped 7.3 percent to 101 forint by 10:06 a.m. in Budapest after a 4.4 percent decline yesterday. The stock reached a record low of 90 forint on April 11.

To contact the reporter on this story: Andras Gergely in Budapest at agergely@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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