NORTH West dining company Individual Restaurant Company is set to raise £2m from an Open Offer to reduce debt.Manchester-based IRC, the name behind the popular Piccolino and Restaurant Bar & Grill brands, said the Open Offer is being underwritten by retail magnate Malcolm Walker, the founder of Iceland, and the owner of a 4% stake in the AIM-listed company.Finance director Vernon Lord told TheBusinessDesk: "This is about bring net debt down to more acceptable levels in this climate, and also giving us more flexibility to......for the full story register now for free or login below...