G8 Education Limited (GEM) announced on the ASX a six-year, fixed rate, senior unsecured note issue (the Notes) with an indicative interest rate in the range of 7.35% to 7.75%, available exclusively through FIIG Securities Limited (FIIG) on 17 July 2013. GEM, a child care and education centre operator, is looking to raise a minimum of $30 million to diversify the Company's funding sources and extend their debt maturity profile.
FIIG is the Sole Lead Arranger for this transaction and the Notes are available to wholesale investors only, with a minimum subscription of $50,000. The Notes provide investors with the opportunity to invest in an industry central to the broad economic goal of workplace participation, and lock in a high fixed rate of return.
This Notes represent the third issue FIIG has brought exclusively to our clients, following on from the successful raising of $30million for Silver Chef Limited and $50 million for Mackay Sugar Limited and we hope to continue to bring our clients exclusive offers in the fixed income asset class going forward.
For further information regarding this issue, please contact your FIIG Representative. FIIG will receive fees from the Issuer of the Notes.