
TSE:BTE
6.6% bond maturing 2021? This is unrated and is low-quality. Long-term for a convertible. When small companies have bonds coming due, they call them and then reissue longer-term ones to put off the need to put a lot of capital in to pay off debt. If you own, check out the conversion premium and the yield advantage over the common underlying. High risk. Better places to be.