debt
confidence high
sentiment neutral
materiality 0.50
Altria issues $1B in senior notes ($500M 4.875% due 2028, $500M 5.625% due 2035)
ALTRIA GROUP, INC.
- Altria issued $500M of 4.875% notes due 2028 and $500M of 5.625% notes due 2035.
- The notes are senior unsecured obligations, guaranteed by wholly owned subsidiary Philip Morris USA.
- Interest on 2028 notes payable Feb 4 and Aug 4; on 2035 notes Feb 6 and Aug 6, starting Aug 2025.
- 2028 notes mature Feb 4, 2028; 2035 notes mature Feb 6, 2035.