Altria extends $3B credit facility maturity to 2025, transitions to Term SOFR

ALTRIA GROUP, INC.

Maturity extended from Aug 1, 2024 to Aug 1, 2025.
Benchmark interest rate updated to Term SOFR plus 0.10% (from LIBOR).
Commitment fee rate and interest margins remain tied to Altria's credit ratings.
All other terms and conditions of the $3.0B facility unchanged.
JPMorgan Chase and Citibank act as administrative agents; lenders include Barclays, Credit Suisse, etc.

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