Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

New Jersey Power & Light Company Deal - Lehman Brothers Collection

New Jersey Power & Light Company

Company Dealissuance and sale of $7,500,000 first mortgage bonds 4 1/8% series due 1988
Transaction TypeFirst Mortgage Bonds
Deal DescriptionNew Jersey Power & Light Company used the net proceeds from this transaction to pay short-term bank loans outstanding. The proceeds of such loans were used to reimburse the company's treasury either for expenditures therefrom for construction purposes or for the repayment of bank loans that were incurred for construction purposes.
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