CML Group Ltd AUD 8.00% 23 March 2022 Senior Secured Bond
CML Group Ltd (CML) is an ASX listed provider of finance, payroll and recruitment services with 45 full time staff across three offices (two in Sydney and one in Brisbane). The group’s main growth strategy is focused on ‘factoring’ where a business sells its accounts receivables/invoices to CML at a discount in order to provide cashflow. CML has a market capitalisation of circa $16m as at 7 March 2016 and also has an additional $10m in ASX listed convertible notes.
Director - Credit Research, Industrials and Corporates. Will has over 15 years’ experience in credit and fixed income markets, including 6 in London, working at fund managers, banks and government treasury.