Commercial Solvents Corp. Deal - Lehman Brothers Collection
Commercial Solvents Corp.
|Company Deal||Commercial Solvents Corporation: $20,000,000 4 1/2% convertible subordinated debentures due July 1, 1991|
|Transaction Type||Convertible Subordinated Debentures|
|Deal Description||Commercial Solvents Corporation applied the net proceeds from this transaction to the construction, at its Sterlington, Louisiana production complex, of a 1,000-ton-per-day plant to produce anhydrous ammonia, a basic chemical source of nitrogen for fertilizer. The balance of CSC's program for expansion and capital improvements was financed out of other company funds.|
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