FMC Corporation
| Company Deal | $100,000,000 9 1/2% sinking fund debentures due January 15, 2000 |
|---|---|
| Transaction Type | Sinking Fund Debentures |
| Deal Description | FMC Corporation added the net proceeds from this transaction to its general funds. Such funds were used for the repayment of domestic short-term borrowings. Such borrowings were incurred principally to finance FMC's need for increased working capital and for facilities expansion. The company was expanding its soda ash plant in Green River, Wyoming, which was expected to be completed in late 1975. |