Lehman Brothers Collection - Contemporary Business Archives

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Lehman Brothers Collection

Twentieth-Century Business Archives

Sybron Corporation Deal - Lehman Brothers Collection

Sybron Corporation

Company Deal$25,000,000 7 1/2% sinking fund debentures due April 15, 1994
Transaction TypeSinking Fund Debentures
Deal DescriptionSybron Corporation used a portion of the proceeds from this transaction to repay short-term bank notes. The balance of such proceeds was added to the company's general corporate funds to finance capital expansion and working capital needs. The short-term notes were incurred in connection with the purchase of common stock of Taylor Instrument Companies prior to its merger into the company.
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