Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Montgomery Ward Credit Corporation Deal - Lehman Brothers Collection

Montgomery Ward Credit Corporation

Company Deal$60,000,000 9 1/4% debentures due November 15, 1990
Transaction TypeDebentures
Deal DescriptionMontgomery Ward Credit Corporation used the net proceeds from this transaction to purchase from Montgomery Ward & Co., Incorporated ("Wards") additional deferred payment accounts and unsecured notes issued by Wards. Pending the making of such purchases, some or all of the proceeds were used to reduce the short-term indebetedness of the company.
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