International Standard Electric Corporation
| Company Deal | $50,000,000 5% sinking fund debentures due 1988 (convertible on and after August 15, 1968, into common stock of International Telephone and Telegraph Research Corporation) |
|---|---|
| Transaction Type | Sinking Fund Debentures |
| Deal Description | International Standard Electric Corporation added the net proceeds from this transaction to its working capital, which was to be used for corporate purposes, including investments in, or advances to, foreign subsidiaries to be used by them for their corporate purposes. |