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BRIEF-K-Bro Linen announces $50 mln equity offering

April 4 K Bro Linen Inc :

* K-Bro Linen Inc. announces $50 million equity offering

* Entered into agreement to sell 1.3 million common shares on bought deal basis at price of $38.00 per share to syndicate of underwriters

* Net proceeds from offering to be used to fund build out of K-Bro's facilities in Toronto and Vancouver, to pay down indebtedness Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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