Which factors would increase the likelihood that a company would call i ts outstanding bonds at this time?

There are a number of factors which could increase the likelihood that a company would call its outstanding bonds at this time. For example, if interest rates have dropped significantly since the bond was issued then it may be beneficial for the organisation to replace it with a new one offering lower rates thus reducing long-term liabilities & consequently increasing profits over time.

Another consideration is if there has been an improvement in financial performance as this could allow them to pay off debts earlier than expected plus provide additional funds for further development or expansion. Additionally, any changes within relevant regulations/policies may also result in organisations being forced to recall their bonds due to non-compliance issues.

In conclusion, factors such as drop in interest rates, better financial performance & changes in legislation can all affect decisions relating to calling outstanding bonds by either providing benefits (e.g. reduced costs) or resulting in potential penalties (e.g. legal action) hence why companies should always take these into account before deciding on whether or not they should do so over time.