Baxter Laboratories, Inc. Deal - Lehman Brothers Collection
Baxter Laboratories, Inc.
|Company Deal||1962 financing|
|Transaction Type||Convertible Subordinated Debentures|
|Deal Description||Baxter Laboratories, Inc., added the net proceeds from this transaction to its general funds. Such funds were used to prepay outstanding short-term bank loans and to retire bank debt. The balance of the proceeds was available for additional working capital required by an increase in the volume of sales and for capital expenditures, including additional plant facilities.|
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