Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Chemical New York Corp. Deal - Lehman Brothers Collection

Chemical New York Corp.

Company DealChemical New York Corporation: $50,000,000 principal amount 5 1/2% convertible subordinated debentures due 1996
Transaction TypeConvertible Subordinated Debentures
Deal DescriptionThe net proceeds of Chemical New York Corporation from this transaction were made available to the Chemical Bank either by way of a subordinated loan or capital contribution or a combination thereof for use in the operation of its banking business. The funds so obtained by the bank were used in connection with the bank's lending and other activities.
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