Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Sperry Rand Corporation Deal - Lehman Brothers Collection

Sperry Rand Corporation

Company Deal5 1/2% sinking fund debentures due September 1, 1982
Transaction TypeSinking Fund Debentures
Deal DescriptionSperry Rand Corporation added the net proceeds from this transaction to its general funds. The funds were available for capital expenditures and increased working capital required by the expansion of the company's activities. The proceeds were initially used to reduce outstanding short-term bank loans. These loans were incurred to meet working capital requirements.
Harvard Business School Harvard Business School Baker Library Histrorical Collections