Hercules Incorporated
| Company Deal | 8 3/4% notes due April 1, 1983 |
|---|---|
| Transaction Type | Notes |
| Deal Description | Hercules Incorporated applied the net proceeds from this transaction to reduce its domestic borrowings outstanding under revolving credit agreements with various lending banks. The proceeds not applied for that purpose were applied to reduce outstanding domestic short-term borrowings. The borrowings were incurred in part to finance capital expenditures and in part for working capital purposes. |