BRIEF-Canwel Building Materials announces $60 million bought deal equity financing

Mon Aug 15, 2016 7:56am EDT
 
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Aug 15 (Reuters) - Canwel Building Materials Group Ltd :

* Canwel Building Materials Group Ltd announces $60 million bought deal equity financing

* Net proceeds of offering will be used to repay outstanding 5.85% convertible debentures due April 30, 2017

* Canwel Building Materials Group Ltd says underwriters have agreed to purchase 9.1 mln common shares of company, at a price of $6.60 per share Source text for Eikon: Further company coverage: