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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.