Oct 11 (Reuters) - Retail Food Group Ltd RFG.AX :
* FY20 UNDERLYING EBITDA GUIDANCE IN RANGE OF $42.0 - $46.0 MILLION
* ANNOUNCES LAUNCH OF $150 MILLION INSTITUTIONAL PLACEMENT AND A SHARE PURCHASE PLAN OF $10 MILLION
* NET PROCEEDS OF PLACEMENT AND SPP WILL PRIMARILY BE USED TO PAY DOWN DEBT AND PROVIDE WORKING CAPITAL
* INTENDS TO OFFER A SHARE PURCHASE PLAN AT $0.10 PER SHARE, SAME PRICE AS PLACEMENT