Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

C.I.T. Financial Corporation Deal - Lehman Brothers Collection

C.I.T. Financial Corporation

Company Deal$50,000,000 2 5/8% debentures, due April 1, 1949
Transaction TypeDebentures
Deal DescriptionC.I.T. Financial Corporation used the net proceeds from this transaction by adding them to the working capital of the corporation. Subsidiaries received additional working funds in order to purchase motor and other retail installment receivables, wholesale motor receivables, factory receivables, and miscellaneous other receivables, and for other corporate purposes.
Harvard Business School Harvard Business School Baker Library Histrorical Collections