Concordia Healthcare Corp. T.CXR.R

Bond market:

[Evenstephen]

I apoligize in advance because I don't know much about the bond market so please don't jump down my throat. Mark Thompson was obviously incompetent and ran this company in to the ground. But we have a new CEO with lots of experience in generics. The company does still have a lot of cash flow, but the debt has left them with no breathing room. Would it be attractive for a large private equity firm to buy up the bonds that are trading at these levels. They would essentially control the company in a way. Provide oberman with some breathing room so he can change the companies direction. They still have a lot of products people use, couldn't they cut costs and increase the volumes they sell. I mean they do have a global reach. I know a firm could step in and buy the assets if they go bankrupt but wouldn't keeping the company functioning as it is now be less disruptive. The private equity could hold the bonds and be paid very well on their investment while they wait. By the time they mature Concordia could be in a very different situation financially. Just wondering if anybody could enlighten me. Please no stupid YouTube videos or cartoons, as I said before I don't know much about the debt market. Thanks.

[happyretirement]

I currently have the 7% 2023 Concordia Bonds as a bookmark on my computer but was wondering were I could get the actual trading volume on these bonds on a day to day basis, if they trade extremely low volume then one would think that manipulation downward would fall in line with low volume manipulation on the equity side.....someone willing to sell a minimum number of bonds that would move the

[MirrorWorldMan]

i love to see concordia buy back their own bonds and wipe them off the books

[Kazinsky]

Buy them back with what?  Its balance sheet doesn't allow any flexiblity strategically.  The bondholders don't think they are get paid, what does that mean for the shareholders?  Now it is looking like even the secured bondholders are having their doubts.   If you think that the company will survive, why not chase the yield on the bonds? If you stay in the common shares

[rad10]

They will be wiped off the books without them spending a cent.  Restructuring is coming..........