Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Philip Morris Incorporated Deal - Lehman Brothers Collection

Philip Morris Incorporated

Company Deal$40,000,000 4 7/8% sinking fund debentures due June 1, 1979
Transaction TypeSinking Fund Debentures
Deal DescriptionPhilip Morris Incorporated applied the net proceeds from this transaction to reduce its short-term loans. The proceeds of such loans were used to finance the company's purchase of tobacco and for other corporate purposes.
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