Dorel Industries Inc. 5.50% Extendible Convertible Unsecured Subordinated Debentures (DII.DB.U)

Dorel Industries Inc. 5.50% Extendible Convertible Unsecured Subordinated Debentures (DII.DB.U $100.05)
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Dorel Industries Inc. 5.50% Extendible Convertible Unsecured Subordinated Debentures (DII.DB.U $100.05)
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Q: I own convertible debentures shares and many of them have been redeemed before their maturity date in the past few years . The most recent case is DII.DB.U which is being redeemed 5 months before maturity. Why do companies do this? Are they saving that much that is in their best interests not to pay the outstanding interest amount for the remainder of the period to maturity?

Read Answer Asked by Robert on July 11, 2019