Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Continental Baking Co. Deal - Lehman Brothers Collection

Continental Baking Co.

Company DealContinental Baking Company: $13,000,000 3 5/8% subordinated debentures due March 1, 1980
Transaction TypeSubordinated Debentures
Deal DescriptionContinental Baking Company applied the net proceeds from this transaction toward the redemption by lot at $105 per share of a portion of the outstanding shares of $5.50 dividend cumulative preferred stock of the company. Any additional funds required for such redemption, as well as the amount of the dividends on the redeemed shares to the redemption date, were supplied from the company's general funds.
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