Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Interlake, Inc. Deal - Lehman Brothers Collection

Interlake, Inc.

Company Deal$50,000,000 8.80% debentures due August 1, 1996
Transaction TypeDebentures
Deal DescriptionInterlake, Inc., used the net proceeds from this transaction to repay bank loans incurred under a credit agreement dated August 12, 1968. The balance of funds was used to reduce certain bank borrowings under a credit agreement dated April 23, 1971. A portion of such borrowings was incurred to repurchase 402,877 shares of its common stock from Diamond Shamrock Corporation.
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