Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Citizens and Southern Realty Investors Deal - Lehman Brothers Collection

Citizens and Southern Realty Investors

Company Deal300,000 units consisting of $30,000,000 6 3/4% subordinated debentures due 1978 with series A warrants to purchase shares of beneficial interest of the trust
Transaction TypeSubordinated Debentures / Warrants for Shares of Beneficial Interest
Deal DescriptionCitizens and Southern Realty Investors used all the net proceeds from this transaction to reduce short-term borrowings incurred to finance real estate investments. Pending utilization for such purpose, the proceeds may have been temporarily invested in short-term government securities, bank certificates of deposit, and deposits in commercial banks.
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