BRIEF-Ibi Group announces Increase to previously announced bought deal financing to $40 Mln in Gross Proceeds

Fri Aug 26, 2016 9:51am EDT
 
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Aug 26 (Reuters) - Ibi Group Inc

* IBI Group Inc. announces increase to previously announced bought deal financing from $35 million to $40 million in gross proceeds

* Net proceeds of offering will be used to fund partial redemption of co's 6.0% convertible debentures maturing on June 30 2018 Source text for Eikon: Further company coverage: