International Standard Electric Corporation
| Company Deal | $15,000,000 6% sinking fund debentures due 1986; ISE finance holdings S.A. $15,000,000 4 1/2% sinking fund debentures due 1986, convertible on and after January 1, 1967, into common stock of International Telephone and Telegraph Corporation |
|---|---|
| Transaction Type | Sinking Fund Debentures |
| Deal Description | International Standard Electric Corporation invested a portion of the net proceeds from this transaction as equity capital in ISE Finance. The balance was added to the company's working capital for general corporate purposes. |