Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Unionamerica Mortgage and Equity Trust Deal - Lehman Brothers Collection

Unionamerica Mortgage and Equity Trust

Company Deal1,250,000 shares of beneficial interest with warrants to purchase 1,250,000 shares of beneficial interest $20 per unit
Transaction TypeShares of Beneficial Interest / Warrants
Deal DescriptionUnionamerica 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.
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