G8 Education (ASX: GEM) today announced its intention to redeem all of its existing 7.65% p.a wholesale fixed rate bonds (ISIN: AU3CB0212140) at the next optional call date (7 August 2017) at 102% of par value with interest payable for that period.
The early redemption ($70 million) will be funded with the proceeds from the group's recent ~$196 equity placement.
