Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Textron Inc. Deal - Lehman Brothers Collection

Textron Inc.

Company Deal$75,000,000 8 1/2% notes due 1980
Transaction TypeNotes / Sinking Fund Debentures
Deal DescriptionTextron Inc. used the net proceeds from this transaction for the repayment of an outstanding $77.5 million term loan, which was incurred in 1974 to reduce short- term debt that provided funds for general corporate purposes, including the financing of an increased investment in inventories and a portion of the company's capital expenditures.
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