Unionamerica Mortgage and Equity Trust
| Company Deal | 1,250,000 shares of beneficial interest with warrants to purchase 1,250,000 shares of beneficial interest $20 per unit |
|---|---|
| Transaction Type | Shares of Beneficial Interest / Warrants |
| Deal Description | Unionamerica Mortgage and Equity Trust invested the net proceeds from this transaction in accordance with its investment policies. Certain commercial banks had agreed, subject to the issuance and sale of the securities offered in this deal, to allot to the trust participation in certain first mortgage loans and certain other investments, and the trust had agreed to participate in such loans. The trust had also agreed to enter into agreements to make certain other investments, subject to the same condition. |