The LTV Corporation
| Company Deal | exchange offer in the ratio of $400 principal amount of 7 1/2% convertible notes and $600 in cash for each $1,000 principal amount of 6 1/2% debentures |
|---|---|
| Transaction Type | Debentures / Convertible Notes |
| Deal Description | The LTV Corporation offered to exchange up to $26,000,000 principal amount of its convertible notes due December 1, 1977, and up to $39,000,000 in cash for up to $65,000,000 principal amount of its outstanding 6 1/2% debentures due June 1, 1973, in the ratio of $400 principal amount of convertible notes and $600 in cash for each $1,000 principal amount of 6 1/2% debentures. |