Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Westinghouse Electric Corporation Deal - Lehman Brothers Collection

Westinghouse Electric Corporation

Company Deal3 1/2% 30-year debentures
Transaction TypeDebentures
Deal DescriptionWestinghouse Electric Corporation used the proceeds from this transaction to finance its expansion program. The program involved expansions of the company's manufacturing and other facilities, such as a new plant for the manufacture of electronic equipment, a small-motor plant, electronic tube plants, an aircraft-armament plant, a jet-engine parts plant, expanded facilities for the production of generating equipment, a new warehouse, and a five-plant addition to the lamp division production facilities. Finally, the company had recently purchased a plastics plant.
Harvard Business School Harvard Business School Baker Library Histrorical Collections