Federated Department Stores International Company
| Company Deal | $20,000,000 4 1/2% guaranteed sinking fund debentures due December 15, 1985 |
|---|---|
| Transaction Type | Guaranteed Sinking Fund Debentures |
| Deal Description | Federated Department Stores International Company had no immediate plans for the use of the proceeds from this transaction, but intended ultimately to use the funds in connection with investments in which an equity interest of 10% or more was owned. Pending the development of final plans with respect to all of such proceeds, the funds may have been invested in whole or in part from time to time in investments outside of the United States with a maturity of less than a year. It was intended that the company's business would be so conducted that more than 80% of its income would be derived from sources outside of the United States. |