Wilson Certified Foods, Inc. Deal - Lehman Brothers Collection
Wilson Certified Foods, Inc.
|Company Deal||$25,000,000 8 3/8% sinking fund debentures due June 1, 1997|
|Transaction Type||Sinking Fund Debentures|
|Deal Description||Wilson Certified Foods, Inc., used the net proceeds from this transaction to pre-pay the principal amount of 9 7/8% subordinated debentures due January 1, 1977, held by Wilson and issued at the formation of the company. The balance of the proceeds was used to reduce short-term indebtedness. Such indebtedness was incurred for general corporate purposes, including additions to and improvements of the plants and facilities of the company and working capital requirements.|
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