Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Reeves Brothers, Inc. Deal - Lehman Brothers Collection

Reeves Brothers, Inc.

Company Deal$12,500,000 4% convertible subordinated debentures
Transaction TypeConvertible Subordinated Debentures
Deal DescriptionReeves Brothers, Inc., used a portion of the net proceeds from this transaction to reduce its short-term borrowings. Such borrowings were largely incurred to finance seasonal needs and expansion of the company's business. The balance was added to the company's general funds, to be used for capital expenditures.
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