Ritter Company, Inc.
| Company Deal | $4,500,000 4 1/2% convertible subordinated debentures due December 1, 1980 |
|---|---|
| Transaction Type | Convertible Subordinated Debentures |
| Deal Description | Ritter Company, Inc., used the net proceeds to retire short-term bank borrowings. Any balance was used to provide additional working capital and for other general corporate purposes, including inventory build-up in connection with new products and the carrying of increased accounts receivable. |