Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Eighton Corporation Deal - Lehman Brothers Collection

Eighton Corporation

Company Deal$32,000,000 9 1/4% promissory note due March 31, 1997
Transaction TypeSecured Note
Deal DescriptionEighton Corporation sold the note to finance the construction cost of a 23-story office building and related facilities upon a tract of leased land in Bethlehem, Pennsylvania. The land was owned by the Bethlehem Steel Corporation and was already the site of an office building, a printery, and a central heating and refrigeration building. Such property was owned by Bethlehem Steel Corporation, and was to be leased to Eighton Corporation under a lease agreement.
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