Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Systems Engineering Laboratories, Incorporated Deal - Lehman Brothers Collection

Systems Engineering Laboratories, Incorporated

Company Deal129,000 shares common stock
Transaction TypeCommon Stock
Deal DescriptionSystems Engineering Laboratories, Incorporated added the net proceeds from this transaction to its general funds. From such funds, the company paid borrowings outstanding under its revolving credit agreements. These borrowings were incurred for working capital purposes. The company also used the general funds to pay an outstanding principal amount of subordinated debentures and of its 8% mortgage note. The balance of the funds was added to the company's working capital.
Harvard Business School Harvard Business School Baker Library Histrorical Collections