General Foods Corporation
| Company Deal | $100,000,000 7 1/2% notes due March 1, 1984 |
|---|---|
| Transaction Type | Notes |
| Deal Description | General Foods Corporation used a portion of the proceeds from this transaction to repay the 8 3/4% notes that were due July 1, 1975. In addition, a portion of the proceeds was applied to reduce domestic short-term borrowings. Another portion was used repay foreign short-term borrowings. These short-term borrowings were incurred to finance current operations of the company. The remaining proceeds were added to the general funds of the company. |