Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Allied Chemical Corporation Deal - Lehman Brothers Collection

Allied Chemical Corporation

Company Deal$100,000,000 7 7/8% debentures due September 1, 1996
Transaction Typedebentures
Deal DescriptionAllied Chemical Corporation expected that the net proceeds from the sale of the debentures offered would be used for the repayment of all the short-term notes payable of the company ($49.5 million at August 31, 1971) and all the notes outstanding under its revolving credit agreement ($29 million) on August 31, 1971, with any balance to be used for general corporate purposes.
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