HBC Closes U.S. $500 Million Equity Investment by Rhône CapitalProceeds Used to Reduce Outstanding Borrowings and Strengthen Balance Sheet HBC appoints Steven Langman and Eric Gross as Directors TORONTO & NEW YORK, December 6, 2017-- HBC (TSX: HBC) and Rhône Capital today announced the closing of the previously announced U.S.$500 million equity investment by an affiliate of Rhône Capital (together with Rhône Group and affiliates, “Rhône”) as part of a global, multi-faceted strategic relationship with Rhône and WeWork Companies (“WeWork”).