April 26, 2016 / 9:47 PM / a year ago

BRIEF-Dhx media announces cdn$65.0 million offering of shares

1 Min Read

April 26 (Reuters) - Dhx Media Ltd :

* Dhx media announces cdn$65.0 million offering of shares

* Aggregate gross proceeds of offering will be approximately cdn$74.8 million

* Underwriters to purchase, on a bought deal basis, 8.7 million shares at a price of cdn$7.50 per share

* Net proceeds from offering will be used to repay borrowings under company's term credit facility maturing july 31, 2019 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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