RE:Distressed Debt: The 7% Unsecured notes are 30.5... GULP!!It's not because of fear of fear that the company is going bankrupt. That will not happen anytime soon. It's because they are locked in until 2023 at 7%. As long as Concordia pays the interest, these bondholders can do nothing but wait until the bonds become due, and that is a long time to be stuck with a 7% yield when equities and other potential investments are or can do so much better. The discount at which they trade, and the corresponding yield is primarily due to the lack of liquidity.