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Lehman Brothers Collection

Twentieth-Century Business Archives

Eriksbergs Mekaniska Verkstads Aktiebolag Deal - Lehman Brothers Collection

Eriksbergs Mekaniska Verkstads Aktiebolag

Company Deal$15,000,000 6 3/4% guaranteed sinking fund debentures due 1982
Transaction TypeGuaranteed Sinking Fund Debentures
Deal DescriptionEriksbergs Mekaniska Verkstads Aktiebolag added the net proceeds from this transaction to its working capital. A portion of the proceeds was used to finance ship sales (including advances to Uddevallavarvet Aktiebolag to finance its ship sales). A portion was also used to repay short-term, external borrowings incurred for such purpose by the company.
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