Vector Group exercises greenshoe, lifts convertibles to $230 million

By Toni Weeks

San Diego, Nov. 20 - The underwriter for Vector Group Ltd.'s public offering of variable-interest convertible senior notes due 2019 exercised its overallotment option in full, lifting the deal to $230 million.

The deal was conducted via underwriter Jefferies & Co., Inc.

Miami-based Vector is a tobacco holding company.

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