CM Financing definition
CM Financing means any issue of any bond, private placement, equity or convertible instruments in the international or domestic debt capital markets (excluding commercial paper) by a member of the Group, but excluding any such financing which individually does not exceed EUR 100,000,000 (or its equivalent) and (when aggregated with other financings that do not individually exceed EUR 100,000,000 (or its equivalent) does not exceed in aggregate EUR 250,000,000 (or its equivalent) in any financial year of the Company.