Monogram Industries, Inc. Deal - Lehman Brothers Collection
Monogram Industries, Inc.
|Company Deal||$25,000,000 4% convertible subordinated debentures due September 1, 1992|
|Transaction Type||Convertible Subordinated Debentures|
|Deal Description||Monogram Industries, Inc., applied the net proceeds from this transaction to the retirement of outstanding short-term bank loans. Such loans were incurred to provide funds for the acquisition of the shares of National Screw & Manufacturing Company. The balance of the proceeds was added to the company's working capital.|
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