Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

W. T. Grant Company Deal - Lehman Brothers Collection

W. T. Grant Company

Company Deal$35,000,000 4 3/4% sinking fund debentures due January 1, 1987
Transaction TypeSinking Fund Debentures
Deal DescriptionW. T. Grant Company added the net proceeds from this transaction to its general funds. The funds were used for additional inventory and other working capital requirements, including such requirements resulting from further store expansion. The Company's expansion program was directed at that time principally to new shopping center stores so as to take advantage of the growth of the suburban market.
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