U. S. Industries, Inc. Deal - Lehman Brothers Collection
U. S. Industries, Inc.
|Company Deal||U.S. Industries, Inc.: $6,000,000 5 1/2% convertible subordinated debentures due December 1, 1971|
|Transaction Type||Convertible Subordinated Debentures|
|Deal Description||U. S. Industries, Inc., added the net proceeds from this transaction to its general funds. Such funds were used for general corporate purposes, including the expansion and improvement of plants and facilities and additional working capital required due to the growth of the company's business.|
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