Chase Manhattan Bank
| Company Deal | $250,000,000 4.60% capital notes due 1990 |
|---|---|
| Transaction Type | Capital Notes |
| Deal Description | The Chase Manhattan Bank used the proceeds from this transaction as additional capital funds to help support the expansion of the banks business and enable it to take advantage more effectively of opportunities for new business, both at home and abroad. It was the judgment of the bank's Board of Directors that the demand for loans and other services of the bank would continue to increase. |