Special Metals, Inc.
| Company Deal | $2,656,250 6% subordinated debentures due July 1, 1976, and 159,375 shares of common stock and acquisitions of Metals Division of Kelsey-Hayes Company |
|---|---|
| Transaction Type | Subordinated Debentures |
| Deal Description | Special Metals, Inc., applied the net proceeds from this transaction to the repayment of the company's short-term commercial bank loans, and any balance of funds required for such repayment were provided from the company's general funds. |