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. |