CML returns to the Australian unrated bond market for the second time in 2016

On May 26, CML Group (CML) (NR) priced a A$15 million (US$11 million) "retap" to its existing corporate bond facilities. The offer was made on the same terms as the A$25 million six-year issue placed by CML in March, with the senior-secured fixed-rate notes paying a fixed coupon of 8 per cent.