Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

FMC Corporation Deal - Lehman Brothers Collection

FMC Corporation

Company Deal$100,000,000 9 1/2% sinking fund debentures due January 15, 2000
Transaction TypeSinking Fund Debentures
Deal DescriptionFMC 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.
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