Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

The Kresge Foundation Deal - Lehman Brothers Collection

The Kresge Foundation

Company Dealissue of $4,500,000 ten-year 3 1/2% collateral trust notes
Transaction TypeCollateral Trust Notes
Deal DescriptionThe Kresge Foundation used the net proceeds from this transaction to pay in full bank loans that at that time stood as liens against the 450,000 shares of common stock of S. S. Kresge Company pledged by the foundation as security for this issue of notes.
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