Singapore-focused G8 Education lifts debt program to S$600 million

By Marisa Wong

Morgantown, W.Va., April 26 – G8 Education Ltd. said it increased the limit of its multicurrency debt issuance program to S$600 million from S$500 million.

DBS Bank Ltd. is the arranger and dealer of the program, which was established in May 2014.

The program covers notes and perpetual securities in tranches denominated in Singapore dollars or other currencies.

Proceeds will be used for general corporate purposes.

G8, based in Varsity Lakes, Australia, is a provider of care and education facilities across Australia and Singapore.

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