Vestron said it has suspended efforts to...

Vestron said it has suspended efforts to market a $50-million debt offering because the Connecticut videocassette and motion picture company’s efforts to formalize a $100-million borrowing capacity at Security Pacific National Bank have been “terminated.” Sheldon B. Rabinowitz, Vestron’s vice president of corporate finance, said: “We are going to need to generate outside financing and we’re busy working on it,” but added that the company anticipates no change in its production activities. “Our cash position and our operations are fine at this point,” he said.