Ritter Company, Inc. Deal - Lehman Brothers Collection
Ritter Company, Inc.
|Company Deal||$4,500,000 4 1/2% convertible subordinated debentures due December 1, 1980|
|Transaction Type||Convertible Subordinated Debentures|
|Deal Description||Ritter Company, Inc., used the net proceeds to retire short-term bank borrowings. Any balance was used to provide additional working capital and for other general corporate purposes, including inventory build-up in connection with new products and the carrying of increased accounts receivable.|
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