Vector Announces Notice of Conditional Redemption for Senior Notes
[December 31, 2020] Vector Announces Notice of Conditional Redemption for Senior Notes Vector Group Ltd. (NYSE: VGR) ("Vector" or the "Company") announced today that it has delivered a conditional notice of redemption (the "Notice") to the trustee of the outstanding 6.125% Senior Secured Notes due 2025 (the "Notes") issued by the Company. The Notice calls for the redemption of all of the outstanding $850 million aggregate principal amount of the Notes on February 1, 2021 (the "Redemption Date") and is conditioned on closing of a refinancing transaction in a principal amount of at least $850,0...
Source: tmcnet.com