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EX-99.1 - EXHIBIT 99.1 - VECTOR GROUP LTDv374185_ex99-1.htm






Washington, D.C. 20549





Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): April 8, 2014


(Exact Name of Registrant as Specified in Its Charter)


(State or Other Jurisdiction of Incorporation)



1-5759   65-0949535
(Commission File Number)   (I.R.S. Employer Identification No.)
4400 Biscayne Boulevard, Miami, Florida   33137
(Address of Principal Executive Offices)   (Zip Code)




  (305) 579-8000  
  (Registrant’s 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:


¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 240.425)


¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 7.01 Regulation FD Disclosure.


Notes Offering


On April 8, 2014, Vector Group Ltd. (NYSE: VGR) (the “Company”) announced that it intends to offer $150 million aggregate principal amount of 7.750% senior secured notes due 2021 (the “Notes”) through a private placement that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued as additional notes under the indenture pursuant to which, on February 12, 2013, the Company issued $450 million aggregate principal amount of 7.750% senior secured notes due 2021 (the “Existing Notes”). The Notes will be treated as a single series with the Existing Notes. Holders of the Notes and holders of the Existing Notes will vote together as one class under the indenture. The Notes are being offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act and to persons outside the United States in compliance with Regulation S under the Securities Act. The Notes will not initially be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or in a transaction that is not subject to the registration requirements of the Securities Act or any state securities laws.


This report does not constitute an offer to sell or a solicitation of an offer to buy the Notes or any security, nor will there be any offer, solicitation or sale of the Notes or any other security in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.


A copy of the press release related to the Notes offering is attached as Exhibit 99.1 and is incorporated herein by reference.


The information furnished under Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 , shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section.


In this report, all statements that are not purely historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements may be identified by the words “believe,” “expect,” “anticipate,” “project,” “plan,” “estimate,” “intend,” and similar expressions. Forward-looking statements are based on currently available business, economic, financial and other information and reflect management’s current beliefs, expectations and views with respect to future developments and their potential effects on the Company. Actual results could vary materially depending on risks and uncertainties that may affect the Company and its business. For a discussion of such risks and uncertainties, please refer to the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statement made in this report to reflect subsequent events or circumstances or actual outcomes.


Item 9.01 Financial Statements and Exhibits.


(d) Exhibits.


The following exhibit is included with this report and is being furnished solely for purposes of Item 7.01 of this Form 8-K:

99.1 Press release issued by Vector Group Ltd. on April 8, 2014, announcing the Notes offering.






Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.




  By:   /s/ J. Bryant Kirkland III
Date:  April 8, 2014   J. Bryant Kirkland III  
    Vice President, Treasurer and Chief Financial Officer