Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Monogram Industries, Inc. Deal - Lehman Brothers Collection

Monogram Industries, Inc.

Company Deal$25,000,000 4% convertible subordinated debentures due September 1, 1992
Transaction TypeConvertible Subordinated Debentures
Deal DescriptionMonogram Industries, Inc., applied the net proceeds from this transaction to the retirement of outstanding short-term bank loans. Such loans were incurred to provide funds for the acquisition of the shares of National Screw & Manufacturing Company. The balance of the proceeds was added to the company's working capital.
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