Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Pennsylvania Electric Company Deal - Lehman Brothers Collection

Pennsylvania Electric Company

Company Dealissuance and sale of series I preferred stock
Transaction TypeCumulative Preferred Stock
Deal DescriptionPennsylvania Electric Company used the net proceeds from this transaction to pay a portion of its short-term bank loans. The proceeds of such loans were used for construction purposes or to reimburse the company's treasury for expenditures therefrom for construction purposes.
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