Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

General Foods Corporation Deal - Lehman Brothers Collection

General Foods Corporation

Company Deal$35,000,000 3 3/8% debentures due July 1, 1976
Transaction TypeDebentures
Deal DescriptionGeneral Foods Corporation added the proceeds from this transaction to its general funds, which were available for general corporate purposes, including the carrying of increased inventories and receivables resulting from the growth of the business and generally higher price levels, and plant and equipment replacements and additions. A portion of the proceeds was also used to repay short-term borrowings.
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