Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Singer Credit Corporation Deal - Lehman Brothers Collection

Singer Credit Corporation

Company Deal$30,000,000 7 1/8% senior notes due February 15, 1979; $20,000,000 subordinated debentures due February 15, 1992
Transaction TypeSenior Notes / Subordinated Debentures
Deal DescriptionSinger Credit Corporation used the net proceeds from this transaction to repay outstanding subordinated indebtedness to the Singer Company. The balance of the proceeds was applied to the reduction of short-term borrowings.
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