A company could decide to call its bonds because it will eliminate any restrictions on operations from certain debt covenants.

Name: A company could decide to call its bonds because it will eliminate any restrictions on operations from certain debt covenants.
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Calling bonds can allow a company to refinance its debt under more favorable terms or remove restrictive covenants that limit operational flexibility, thus potentially eliminating restrictions on operations from certain debt covenants.

A Company Could Decide to Call Its Bonds Because It