Flexi-Van Corporation
| Company Deal | private sale $18,500,000 10 3/4% collateral trust notes due 1975-1987 |
|---|---|
| Transaction Type | Collateral Trust Notes |
| Deal Description | Flexi-Van Corporation used the proceeds from this transaction to reduce its bank indebtedness under the company's revolving credit agreement. Such borrowings were incurred to purchase containers, trailers, tractors, chassis, and other equipment for the intermodal transportation of freight leased to the company's customers. |