The LTV Corporation
| Company Deal | offering of 4,000,000 shares of common stock |
|---|---|
| Transaction Type | Common Stock |
| Deal Description | The LTV Corporation made the net proceeds from this transaction available to help finance expansions of LTV's Energy Products and Services and Aerospace Groups, facility replacements of its Steel Group and for other general corporate purposes, including reduction of the debt of LTV or its subsidiaries. Initially, the proceeds were used to reduce outstanding consolidated bank debt or for temporary investments. |