Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

European Coal and Steel Community Deal - Lehman Brothers Collection

European Coal and Steel Community

Company Deal$125,000,000 9 3/4% bonds, due August 1, 1999
Transaction TypeBonds
Deal DescriptionThe European Coal and Steel Community used the proceeds from this transaction to make loans to coal and steel enterprises. It was expected that such proceeds would be used principally to finance a part of the cost of projects for the modernization and improvement of coal production facilities and to finance a part of the cost of facilities that contributed to the marketing of coal and steel products and of industrial reconversion projects and other activities designed to facilitate the productive reemployment of displaced labor within the community.
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