Caterpillar Tractor Co. Deal - Lehman Brothers Collection
Caterpillar Tractor Co.
|Company Deal||$150,000,000 8.60% sinking fund debentures due May 1, 1999|
|Transaction Type||Sinking Fund Debentures|
|Deal Description||Caterpillar Tractor Company used the net proceeds from this transaction to repay a substantial portion of the company's short-term debt. These short-term borrowings, together with internally generated funds, were used primarily to finance construction of new facilities and improvements to existing facilities and to finance increased working capital requirements|
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