IBI GROUP Retains Canaccord Genuity in Connection with Maturity of Convertible Debentures
TORONTO, March 27, 2014 /CNW/ - IBI Group Inc. ("IBI" or the "Company") (TSX: IBG) today announced it has retained Canaccord Genuity Corp. ("Canaccord Genuity") to assist in its ongoing review of alternatives to improve its capital structure and enhance liquidity, with a focus on refinancing, amendment or repayment of the Company's convertible debentures. Canaccord Genuity will provide advice on capital structure alternatives to address the Company's overall leverage position.
About IBI GROUP INC.
IBI Group Inc. is a TSX-listed company and trades under the symbol "IBG". The Company is a global architecture, planning, engineering, and technology firm with 2600 staff in more than 80 offices around the world. We have organized our services into three streams - Intelligence, Buildings, and Infrastructure - to ensure a holistic approach to creating innovative, responsive, and intelligent solutions for our clients in both the public and private sectors.
SOURCE IBI Group Inc.For further information:
Stephen Taylor CPA CA
IBI Group Inc.
230 Richmond Street West, 5th Floor
Toronto, ON M5V 1V6
Tel: 416-596-1930, Fax: 416-596-8024