Question: What does a call provision [ call feature ] allow [ bond ] issuers to do and under what circumstances would they do it ?

What does a call provision [call feature] allow [bond] issuers to do and under what circumstances would they do it?
A call provision allows bond issuers to extend the maturity date of the bond if interest rates rise, to avoid paying higher interest rates.
A call provision allows bond issuers to convert the bonds into equity shares if the company's stock price increases significantly.
A call provision allows bond issuers to repay bonds before maturity, typically at a premium. Issuers might use this feature if interest rates drop, allowing them to refinance at a lower rate, or if their credit rating improves, enabling them to reissue debt at better terms. Issuers may also call bonds if they have excess cash to reduce interest expenses.
What does a call provision [ call feature ] allow

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