Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Eastern Air Lines Incorporated Deal - Lehman Brothers Collection

Eastern Air Lines Incorporated

Company DealEastern Air Lines, Inc.: $50,000,000 4 3/4% convertible subordinated debentures due October 1, 1993
Transaction TypeConvertible Subordinated Debentures
Deal DescriptionEastern Air Lines Incorporated issued these debentures to increase its capital base in anticipation of future financial requirements. The net proceeds from this transaction were added the company's general corporate funds and were used for general corporate purposes, including the acquisition of aircraft.
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