Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Pittsburgh Metallurgical Company, Incorporated Deal - Lehman Brothers Collection

Pittsburgh Metallurgical Company, Incorporated

Company Dealconvertible subordinated debentures
Transaction TypeConvertible Subordinated Debentures
Deal DescriptionPittsburgh Metallurgical Company, Incorporated, added the net proceeds from this transaction to its general funds, which increased its working capital. This addition to the general funds was considered necessary because of increased raw material and finished product inventories and the growth in the volume of business done by the company.
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