Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

General Foods Corporation Deal - Lehman Brothers Collection

General Foods Corporation

Company Deal$100,000,000 7 1/2% notes due March 1, 1984
Transaction TypeNotes
Deal DescriptionGeneral Foods Corporation used a portion of the proceeds from this transaction to repay the 8 3/4% notes that were due July 1, 1975. In addition, a portion of the proceeds was applied to reduce domestic short-term borrowings. Another portion was used repay foreign short-term borrowings. These short-term borrowings were incurred to finance current operations of the company. The remaining proceeds were added to the general funds of the company.
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