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Prospect News home > News index > List of issuers I > Headlines for IBI Group Inc. > News item
Published on 11/18/2015 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

IBI Group plans to redeem all $20 million 5.75% convertibles due 2017

By Tali Rackner

Norfolk, Va., Nov. 18 – IBI Group Inc. plans to redeem all $20 million of its 5.75% unsecured subordinated convertible debentures due June 30, 2017, according to a press release.

The debentures will be redeemed at par plus accrued interest of $26.78 per $1,000 principal amount on Dec. 18.

CIBC Mellon Trust Co. is the trustee.

IBI Group is an architecture, planning, engineering and technology firm based in Toronto.


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