American President Lines, Ltd. Deal - Lehman Brothers Collection
American President Lines, Ltd.
|Company Deal||$20,000,000 United States Government Insured Merchant Marine Bonds|
|Transaction Type||U. S. Government Insured Merchant Marine Bonds|
|Deal Description||American President Lines, Ltd., issued bonds to finance a part of the company's share of the construction costs of four new cargo vessels. The bonds were issued as the following: SS President Van Buren Series, SS President Grant Series, SS President Taft Series, and SS President Johnson Series. The bonds became due on August 1, 1991. The bonds became redeemable on November 1, 1965.|
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