secwatch.observer — SEC 8-K summary
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Issuer:     ALTRIA GROUP, INC. (MO)
CIK:        0000764180
Form:       8-K
Filed at:   2022-08-17T23:59:59+00:00
Accession:  0001193125-22-223264
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764180/000119312522223264/0001193125-22-223264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764180/000119312522223264/d333359d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-223264

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