Montgomery Ward Credit Corporation
| Company Deal | $60,000,000 9 1/4% debentures due November 15, 1990 |
|---|---|
| Transaction Type | Debentures |
| Deal Description | Montgomery Ward Credit Corporation used the net proceeds from this transaction to purchase from Montgomery Ward & Co., Incorporated ("Wards") additional deferred payment accounts and unsecured notes issued by Wards. Pending the making of such purchases, some or all of the proceeds were used to reduce the short-term indebetedness of the company. |