Dayton-Hudson Corporation
| Company Deal | $25,000,000 9 3/4% sinking fund debentures due June 1, 1995; SEC papers |
|---|---|
| Transaction Type | Sinking Fund Debentures |
| Deal Description | Dayton-Hudson Corporation used the net proceeds from this transaction for the construction and fixturing of new stores planned for 1970 and for working capital to support anticipated sales volumes in these and existing stores. Pending such application, net proceeds were initially used to reduce short-term borrowings and borrowings under the company's revolving credit agreement. |