February 20, 2017 / 1:05 AM / 5 months ago

BRIEF-G8 Education places shares at premium to raise $212.8 million

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Feb 20 (Reuters) - G8 Education Ltd

* 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: Further company coverage:

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