Moody's rates Vector Group's $850 Million Sr. Secured Notes Offering Ba3
New York, January 19, 2017-- Moody's Investors Service assigned a Ba3 rating to Vector Group Ltd.' s $850 million senior secured notes offering. The notes will mature in 2025. Net proceeds from this offering will be used to refinance the $835 million existing senior secured notes. The ratings on the existing secured notes will be withdrawn at the closing of this offering.
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