Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Sutherland Paper Company Deal - Lehman Brothers Collection

Sutherland Paper Company

Company Dealsale of 4.40% cumulative preferred stock; sale of 3 1/2% notes; redemption of 4 1/4% cumulative preferred stock
Transaction TypeCumulative Convertible Preferred Stock
Deal DescriptionSutherland Paper Company added the net proceeds from this transaction to its working capital, to be available for uses as the Board of Directors determined. The company required additional working capital because of the substantial growth of its business during 1950 and 1951 and the increase in the cost of doing business.
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