Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Philip Morris & Co. Ltd., Incorporated Deal - Lehman Brothers Collection

Philip Morris & Co. Ltd., Incorporated

Company Dealissue of cumulative preferred stock, 4 1/4% series
Transaction TypeCumulative Preferred Stock
Deal DescriptionPhilip Morris & Co. Ltd., Incorporated, applied the net proceeds from this transaction to the payment of its bank loans. The balance was applied to the construction of a new building and the purchase and installation of new machinery and equipment.
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