Coffee Sipping Big Board Stocks

[timhyma]

7:06 am Vector Grp commences an additional $200 mln offering of aggregate principal amount of 7.750% senior secured notes due 2021 (VGR) :
•The Notes will have the same terms except issue date and purchase price and will be treated as the same series as the $450 mln aggregate principal amount of 7.750% senior secured notes due 2021 issued by the co on February 12, 2013 and the additional $150 mln aggregate principal amount of 7.750% senior secured notes due 2021 issued by the Company on April 15.
•Co intends to use the net cash proceeds from this offering for general corporate purposes, including, but not limited to, additional investments in real estate through the company's wholly owned subsidiary, New Valley LLC, and in its existing tobacco business.