GC Computer Corporation
| Company Deal | $25,000,000 convertible subordinated debentures and 500,000 shares of common stock in units |
|---|---|
| Transaction Type | Convertible Subordinated Debentures / Common Stock |
| Deal Description | GC Computer Corporation used a portion of the proceeds to prepay, without premium, bank debt of Greyhound Leasing. The balance of the proceeds was made available for general corporate use and was used primarily for the acquisition of computer equipment. |