Altria Group Inc. Senior Unsecured Notes Assigned 'BBB' Ratings - S&P Global Ratings’ Credit Research

Altria Group Inc. Senior Unsecured Notes Assigned 'BBB' Ratings

Altria Group Inc. Senior Unsecured Notes Assigned 'BBB' Ratings - S&P Global Ratings’ Credit Research
Altria Group Inc. Senior Unsecured Notes Assigned 'BBB' Ratings
Published Aug 07, 2012
1127 words — Published Aug 07, 2012
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (Standard&Poor's) Aug. 7, 2012--Standard&Poor's Ratings Services said today that it assigned its 'BBB' senior unsecured debt rating to Richmond, Va.-based Altria Group Inc.'s $1.9 billion 2.85% senior unsecured notes maturing in 2022 and $900 million 4.25% senior unsecured notes due in 2042. We also assigned a preliminary 'BBB' senior unsecured debt rating to Altria's most recent Rule 415 shelf registration. The new notes will be drawn from the company's shelf registration, and are fully and unconditionally guaranteed by Philip Morris USA Inc., a wholly owned subsidiary of Altria. Standard&Poor's expects Altria to use net proceeds from the issuance for the funding of its cash tender offer announced earlier today, tender premiums associated

  
Brief Excerpt:

RESEARCH Altria Group Inc. Senior Unsecured Notes Assigned '###' Ratings Publication date: 07-Aug-2012 Primary Credit Analyst: Mark L Salierno, New York (1) 212-438-8003; mark_salierno@standardandpoors.com Secondary Contact: Gerald...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Tobacco (30203010)
Sector
Global Issuers , Structured Finance
Country
Region
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Summary: Altria Group Inc. – 2012/09/27 – US$ 225.00

Altria Group Inc. – 2013/02/27 – US$ 500.00

Summary: Altria Group Inc. – 2013/02/28 – US$ 225.00

Summary: Altria Group Inc. – 2012/03/29 – US$ 225.00

Altria Group Inc. – 2012/02/28 – US$ 500.00

Summary: Altria Group Inc. – 2012/02/28 – US$ 225.00

Summary: Altria Group Inc. – 2011/08/18 – US$ 225.00

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MLA:
S&P Global Ratings’ Credit Research. "Altria Group Inc. Senior Unsecured Notes Assigned 'BBB' Ratings" Aug 07, 2012. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Altria-Group-Inc-Senior-Unsecured-Notes-Assigned-BBB-Ratings-998895>
  
APA:
S&P Global Ratings’ Credit Research. (). Altria Group Inc. Senior Unsecured Notes Assigned 'BBB' Ratings Aug 07, 2012. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Altria-Group-Inc-Senior-Unsecured-Notes-Assigned-BBB-Ratings-998895>
  
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