FMC Corporation
| Company Deal | $75,000,000 7 1/2% sinking fund debentures due October 1, 2001 |
|---|---|
| Transaction Type | Sinking Fund Debentures |
| Deal Description | FMC Corporation added the net proceeds from this transaction to its general funds. The funds were used for the repayment of domestic short-term borrowings as well as for general corporate purposes. Domestic short-term borrowings were incurred principally to finance FMC's need for increased working capital and for facilities expansion. |