Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Chase Manhattan Mortgage and Realty Trust Deal - Lehman Brothers Collection

Chase Manhattan Mortgage and Realty Trust

Company Dealpublic offering of $60,000,000 principal amount of 7 1/2% subordinated notes due 1983
Transaction TypeSubordinated Notes
Deal DescriptionChase Manhattan Mortgage and Realty Trust used the net proceeds from this transaction to pay outstanding commercial paper obligations and short-term bank debt, if any, the trust incurred to finance trust investments. Pending disbursement for such purposes, the net proceeds may have been temporarily invested in short-term government securities, obligations of the Government National Mortgage Association, bankers acceptances, certificates of deposit of commercial banks and savings and loan associations, deposits in members of the Federal Home Loan Bank System, time deposits, or repurchase obligations secured by short-term government securities.
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