Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

The Washington Water Power Company Deal - Lehman Brothers Collection

The Washington Water Power Company

Company Deal$30,000,000 first mortgage bonds, 3 1/2% series due 1982
Transaction TypeFirst Mortgage Bonds
Deal DescriptionThe Washington Water Power Company used the net proceeds from this transaction for the repayment of bank loans borrowed under a supplemental credit agreement. Such borrowings were used for the construction, extension, or improvement of the company's facilities in connection with its construction program. The construction program included a large hydroelectric dam and power plant on the Clark Fork River, known as the Cabinet Gorge Project.
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