Sept 7 (Reuters) - 5G Networks Ltd 5GN.AX :
* PROPOSED WCG ACQUISITION, $27.5M PLACEMENT & DEBT FACILITY-5GN.AX
* REFERS TO PROPOSED ACQUISITION OF WEBCENTRAL GROUP
* IN SCENARIO WHERE BUSINESSES ARE COMBINED, CO EXPECTS IT CAN GENERATE SYNERGIES ACROSS BOTH BUSINESSES OF OVER $7 MILLION PA ON RUN RATE BASIS
* ANNOUNCES A CREDIT-APPROVED INCREASE IN ITS EXISTING DEBT FACILITY WITH COMMONWEALTH BANK OF AUSTRALIA TO $14.5 MILLION