| HBS Case Collection
(Revised March 2016)
Stone Container Corporation (A)
In early 1993, Stone Container was heavily burdened by debt following a series of highly leveraged acquisitions. A prolonged depression in paper prices necessitated the development of a comprehensive financial plan to relieve the financial pressures on Stone. Among the alternatives to be considered are straight debt, convertible debt, and equity.
Keywords: Leveraged Buyouts;
Borrowing and Debt;