Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

San Diego Gas & Electric Company Deal - Lehman Brothers Collection

San Diego Gas & Electric Company

Company Deal$45,000,000 first mortgage bonds series l due 2001 (8%)
Transaction TypeFirst Mortgage Bonds
Deal DescriptionSan Diego Gas & Electric Company applied the net proceeds from this transaction to the retirement of a portion of outstanding short-term notes. Such short-term notes were issued for the temporary financing of additions to the utility properties of the company. The company was continually extending and enlarging its facilities to meet the increasing demands on its system.
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