Local business briefs
Insurance Lounge officemoves to Northgate
The Medford Insurance Lounge office has moved to Northgate Marketplace, next to Black Rock Coffee.
The Grants Pass-based insurance firm has locations in Beaverton and Lake Oswego, and provides access to more than 100 insurance companies.
The office is open 9 a.m. to 6 p.m. Monday through Friday and 10 a.m. to 5 p.m. Saturday and Sunday. The firm's web site is www.InsuranceLounge.com and telephone number is 866-211-8660.
Lithia issues notestotaling $300 million
Lithia Motors has completed issuance of $300 million in senior notes due in 2025.
The private offering notes carry a 5.25 percent rate, and were sold to institutional investors.
Proceeds, according to a Securities and Exchange Commission filing will fund acquisitions, capital expenditures and debt repayment.