IBI Group Inc. hosts second conference call
TORONTO – IBI Group Inc. will hold an informational conference call for debentureholders and the analyst community to discuss the proposed amendment of the Company’s 7.0% convertible unsecured subordinated debenture maturing in 2014, which, if approved, will extend the maturity date to 2019. The proposal represents IBI’s best effort to secure and create value for all stakeholders.
The proposal incorporates the constructive feedback IBI and its advisors have received and reflect the Company’s best efforts to accommodate those Debentureholders who prefer a larger consent fee and those who want greater exposure to and participation in the turnaround underway at IBI.
About IBI Group Inc.
The Company is a TSX-listed corporation and its common shares trade under the symbol “IBG”. IBI Group is a globally integrated architecture, planning, engineering, and technology firm. From high-rises to industrial buildings, schools to state-of-the-art hospitals, transit stations to highways, airports to toll systems, bike lanes to parks, we design every aspect of a truly integrated city for people to live, work, and play. We believe cities must be designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch. At IBI, we’re defining the cities of tomorrow.
For further information
IBI Group Inc.
230 Richmond Street West, 5th Floor
Toronto, ON M5V 1V6
Tel: 416-596-1930, Fax: 416-596-8024