e8vk
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 15, 2010
VECTOR GROUP LTD.
(Exact name of Registrant as specified in its charter)
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Delaware
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1-5759
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65-0949535 |
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(State or other jurisdiction
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(Commission File Number)
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(I.R.S. Employer |
of incorporation)
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Identification No.) |
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100 S.E. Second Street, Miami, Florida
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33131 |
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(Address of principal executive offices)
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(Zip Code) |
(305) 579-8000
(Registrants telephone number, including area code)
Not Applicable.
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
TABLE OF CONTENTS
Item 8.01. Other Events.
On April 15, 2010, Vector Group Ltd. issued a press release, which is attached hereto as Exhibit
99.1 and is incorporated herein by reference, announcing the pricing of a $75 million note
offering.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No. |
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Description |
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99.1 |
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Press Release issued April 15, 2010 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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VECTOR GROUP LTD.
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By: |
/s/ J. Bryant Kirkland III |
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Date: April 15, 2010 |
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J. Bryant Kirkland III |
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Vice President and Chief Financial Officer |
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exv99w1
Exhibit 99.1
VECTOR GROUP LTD. ANNOUNCES PRICING OF
$75 MILLION AGGREGATE PRINCIPAL AMOUNT OF
11% SENIOR SECURED NOTES OFFERING
MIAMI, FL, April 15, 2010 Vector Group Ltd. (NYSE: VGR) (the Company) announced today that
its previously announced offering of $75 million aggregate principal amount of 11% Senior Secured
Notes due 2015 (the Notes) was priced today at 101% of the face value. The Notes will be fully
and unconditionally guaranteed on a joint and several basis by all of the wholly owned domestic
subsidiaries of the Company that are engaged in the conduct of the Companys cigarette businesses.
The offering is expected to close on April 20, 2010 subject to customary conditions.
The Company intends to use the net proceeds of the issuance for general corporate purposes.
This press release does not constitute an offer to sell or a solicitation of an offer to buy
the Notes. The Notes have not been registered under the Securities Act, or the securities laws of
any other jurisdiction. Unless so registered, the Notes may not be offered or sold in the United
States except pursuant to an exemption from the registration requirements of the Securities Act and
the applicable securities laws of any other jurisdiction.
This press release contains certain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to
identify these forward-looking statements using words such as anticipates, believes,
estimates, expects, plans, intends and similar expressions. These statements reflect the
Companys current beliefs and are based upon information currently available to it. Accordingly,
such forward-looking statements involve known and unknown risks, uncertainties and other factors
which could cause the Companys actual results, performance or achievements to differ materially
from those expressed in, or implied by, such statements.
Vector Group is a holding company that indirectly owns Liggett Group LLC and Vector Tobacco
Inc. and directly owns New Valley LLC.
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Contact:
Paul Caminiti/Carrie Bloom/Jonathan Doorley
Sard Verbinnen & Co
212/687 8080