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1269 — China First Capital News Story

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Brief: G8 Education places shares at premium to raise $212.8 million

Feb 20 (Reuters) - G8 Education Ltd  GEM.AX  
    * g8 places shares at premium to raise $212.8 million 
    * g8 places shares at premium to raise $212.8 million to 
fund growth opportunities 
    * Entered into a binding term sheet with Cfcg Investment 
Partners International 
    * Proceeds of placement will be used for paying down $50 
million a$ bond facility that is due for repayment in february 
2018 
    * deal for  issue price of $3.88 per share. 
 
Source text for Eikon:  ID:nASXb1LcSF  
Further company coverage:  GEM.AX  
 
 ((Bangalore.newsroom@thomsonreuters.com ;))

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