Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Hercules International Finance Corporation Deal - Lehman Brothers Collection

Hercules International Finance Corporation

Company Deal$25,000,000 6 5/8% guaranteed notes due 1971 guaranteed by Hercules Incorporated
Transaction TypeGuaranteed Notes
Deal DescriptionHercules International Finance Corporation used the net proceeds from this transaction for loans to The Netherlands subsidiary of Hercules Incorporated for the financing of a plant, then under construction by the subsidiary at Middelburg, The Netherlands, to produce dimethyl terephthalate (DMT), an important raw material used in the production of synthetic fibers and film. The remaining proceeds were used to make investments in, or loans to, other foreign subsidiaries and associated companies of Hercules Incorporated for use in developing and expanding their operations.
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