Eighton Corporation
| Company Deal | $32,000,000 9 1/4% promissory note due March 31, 1997 |
|---|---|
| Transaction Type | Secured Note |
| Deal Description | Eighton Corporation sold the note to finance the construction cost of a 23-story office building and related facilities upon a tract of leased land in Bethlehem, Pennsylvania. The land was owned by the Bethlehem Steel Corporation and was already the site of an office building, a printery, and a central heating and refrigeration building. Such property was owned by Bethlehem Steel Corporation, and was to be leased to Eighton Corporation under a lease agreement. |