Sunbeam completes a $2.0billion financing package that will include $1.4 billion in long-termdebt and $600 million in revolving credit. The $1.4 billion willbe used in conjunction with $750 million in convertible debenturesand $800 million plus in equity to finance the acquisition ofColeman, Signature and First Alert. Also, Sunbeam is redeeming$554.1 million of Coleman's debt.

In notes from the 10K, Outdoor Recreation saleswere $859.7 million in 1997, flat against the prior year, whileHardware sales fell 18 per cent to $294.6 million.International sales were 31 per cent of the total in 1997, or$357.8 million, against 32 per cent prior, or $390.5 million.Advertising and ... Log in to view full article.