Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Harvey Aluminum (Incorporated) Deal - Lehman Brothers Collection

Harvey Aluminum (Incorporated)

Company Deal$50,000,000 9 3/8% sinking fund debentures due 1996 and subscription offer 1,321,420 shares of common stock
Transaction TypeSinking Fund Debentures / Common Stock
Deal DescriptionHarvey Aluminum (Incorporated) used the net proceeds from this transaction to repay borrowings under one revolving credit agreement, and to reduce borrowings under another revolving credit agreement. Such borrowings were incurred for working capital purposes and for the purpose of defraying a portion of the construction costs of the company's new reduction plant located near the John Day Dam in the state of Washington.
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