Vector Group Offering $60M In Senior Notes
Stock quotes in this article:
VGR
MIAMI (AP) — Vector Group Ltd., a holding company for cigarette makers, said Thursday it is offering $60 million in senior notes to institutional buyers and will use proceeds for general corporate purposes.
The company, which also has interests in real estate, is offering 11 percent senior secured notes due 2015. Shares of Vector Group fell 23 cents to $15.88 in afternoon trading Thursday.- Loading Comments...
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