LEVITT <LVT> FILES FOR DEBENTURE OFFERING
Levitt Corp said it filed with the
Securities and Exchange Commission a registration statement
covering a 25 mln dlr issue of convertible subordinated
debentures due 2012.
    Proceeds from the offering will repay the company's debt
and will be used for general corporate purposes.
    Levitt designs, builds and sells single-family homes and
has recently begun a number of new construction projects,the
company added.
    Bear, Stearns and Co and Merrill Lynch Capital Markets have
tentatively been named as underwriters.
 Reuter
