Concordia Healthcare Corp. T.CXR.R

RE:Bond market Always knows best

[Shortingtozero2]

Thanks for posting this.  I have learned over the years that when you get a bond yield like this that there is something very, very wrong wrong.  The unsecured bondholders don't think they will get their money - which doesn't bode well for any common equity holders.  My institution would not even sell me CXRCN bonds.   And ironically, that is the banker that did the secondary offering last fall.  So that does not inspire with this companya lot of confidence going forward.   I wouldn't be surprised if we see some insider selling, just as we did after the last quarterly.

wheelingit wrote:

5y and 6y CXR bonds have hit lowest points as of yesterday since CXR decline in mid-2016, Weekly closing prices provided below as a reference, w/ CUSIPs...the more info for everyone the better. Bond traders obviously have nothing good to say about this company IMO

CUSIP 206519AB6 CXR 6y			CUSIP 206519AA8 CXR 5y
DATE	CLOSE		DATE	CLOSE
03/15/17	30.0000		03/15/17	26.0000
03/10/17	38.0000		03/10/17	33.0000
03/03/17	41.0000		03/03/17	38.5000
02/24/17	43.5000		02/24/17	39.0000
02/17/17	45.5000		02/17/17	40.5000
02/10/17	45.5000		02/10/17	40.7500
02/03/17	44.7500		02/03/17	39.0000
01/27/17	43.0000		01/27/17	37.5000
01/20/17	43.0000		01/20/17	38.0000
01/13/17	42.2500		01/13/17	39.0000
01/06/17	36.5000		01/06/17	33.5000
12/30/16	35.3750		12/30/16	30.5000
12/23/16	35.0000		12/23/16	31.0000
12/16/16	35.0000		12/16/16	30.7500
12/09/16	36.5000		12/09/16	33.5000
12/02/16	43.5000		12/02/16	37.5000
11/25/16	42.7500		11/25/16	37.5000
11/18/16	42.5000		11/18/16	38.2500
11/11/16	41.5000		11/11/16	38.2500
11/04/16	56.2500		11/04/16	53.5000
10/28/16	61.0000		10/28/16	60.5000
10/21/16	66.5000		10/21/16	63.2500
10/14/16	67.0000		10/14/16	62.0000
10/07/16	73.5000		10/07/16	67.5000
09/30/16	69.0000		09/30/16	64.0000
09/23/16	68.5000		09/23/16	62.5000
09/16/16	69.5000		09/16/16	65.0000
09/09/16	80.7500		09/09/16	75.5000
09/02/16	82.0000		09/02/16	76.5000
08/26/16	83.2500		08/26/16	77.7500
08/19/16	84.3750		08/19/16	78.5000
08/12/16	83.2500		08/12/16	76.2500
08/05/16	90.5000		08/05/16	81.5000
07/29/16	91.0000		07/29/16	82.5000
07/22/16	94.0000		07/22/16	86.5000
07/15/16	95.2500		07/15/16	87.5000
07/08/16	94.6250		07/08/16	86.7500
07/01/16	93.7500		07/01/16	85.2500
06/24/16	93.0000		06/24/16	86.0000
06/17/16	95.5000		06/17/16	89.7500
06/10/16	99.0000		06/10/16	92.5000
06/03/16	98.2500		06/03/16	92.5000