Utah International Finance Corporation
| Company Deal | Utah International Finance Corp.: $20,000,000 8% guaranteed sinking fund debentures due March 15, 1987; $20,000,000 7 1/2% guaranteed notes due March 15, 1979 |
|---|---|
| Transaction Type | Guaranteed Sinking Fund Debentures / Guaranteed Notes |
| Deal Description | Utah International Finance Corp. used the net proceeds from this transaction to reduce Eurodollar bank borrowings outstanding under revolving loan agreements. The proceeds may have been invested temporarily until so used in short-term investments. |