The bond is noted above. It's a 8.750% callable bond which matures on Nov. 15, 2017. It's rated "B" by Fitch. It does yield 15.369% to maturity (due to current trading prices 25% below par). It is not liquid (doesn't trade much).
It's is not secured (no property or account receivables backing it). It was used to fund the upfront costs of a military contract (the government pays when it wants to). Since Colt Defense is privately owned, it is next to impossible to see a recent financial statement.
No, Colt isn't going to be making Pythons and Diamonbacks.
