On the 6th of July 2016, CBL Corporation (ASX Code: CBL) announced that it is seeking the right from noteholders to be entitled to repay its 8.25% 2019 notes before their maturity date (17 April 2019) at any time prior to the 30th of November 2016. This is expected to be funded by a secured financing facility and will reduce current funding cost of the group.
See announcement attached.
