Bankers Trust New York Corp. Deal - Lehman Brothers Collection
Bankers Trust New York Corp.
|Company Deal||Bankers Trust New York Corp: $100,000,000 8 1/8% debentures series C due 1999|
|Deal Description||The net proceeds of this transaction were in part applied to additional equity capital investment in Bankers Trust Company by contribution to capital and in part added to the general funds of the corporation. There they were initially used to reduce temporarily short-term borrowings or for purchase of loans from affiliates or for loans to affiliates and thereafter for other general corporate purposes. The corporation used the funds invested as a capital base to support growth of deposits and borrowings by such bank, which were in turn used to service loan demand.|
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