Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Denny's International N.V. Deal - Lehman Brothers Collection

Denny's International N.V.

Company Dealissue of $15,000,000 of subordinated guaranteed debentures due 1989
Transaction TypeSubordinated Guaranteed Debentures
Deal DescriptionDenny's International N.V. loaned a significant portion of the proceeds from this transaction to Denny's Restaurants, Inc., to be used for general corporate purposes, including possible repayment of existing short-term obligations and the financing of the further expansion of Denny's business and operations as suitable investment and acquisition opportunities arose within and outside the United States. It was expected that Denny's or International would make available a portion of the proceeds for use in the expansion of Denny's operations in Mexico.
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